what are the limitations of accounting conventions


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what is purchase consideration?

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$198 owing by Brass Instrument Ltd is to be written off as a bad debt? how to pass the journal entry for this question?

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Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

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I HAVE DEPOSITED SERVICE TAX AMOUNT IN WRONG HEAD CATAGORY i.e IN BUSINESS AUXILEARY HEAD BUT DUE TO OVER SIGHT IT HAS BEEN DEPOSTED THROUGH E PAYMEBT IN TRANSPORTATION OF GOODS BY ROAD KINDLY SUGGEST WHETHER IT CUOULD BE RECTIFIED FROM SERVICE TAX DEPTT. OR BY ANOTHER WAY AND WHAT IS THAT ? PLEASE ALSO CONFIRM WHETHER WE HAVE TO RE DEPOSIT THE AMOUNT OR MAY BE ADJUSTED IN CORRECT HEAD

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Ramu started business with rs 1000000.give me journal entry. plz explain brefily

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In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank

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what do you mean by cash profit

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which date is effected in books related bank reconciliation transaction date or value date?

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what is casual receipt? is it exmpted in income tax?

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I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

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My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

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What are the criteria for accounting job?

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