ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.
7 13222What is the journal entry for paying 50000 rs. To xyz co. For professional fees after deducting tds on that.
7 33200I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
2007sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that
2 8745My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
2149chq. of ICICI received from big jos of rs. 35000/- for credit sale bill no. S/01 andBill no. S/03
1 3082Post New Accounting General Questions
Where do generally accruals appear on the balance sheet?
Explain me the difference between accounting and auditing?
Is an "account receivable" and "goodwill" real accounts in accounting?
How is the accounting for hire purchase transactions done?
Define offset accounting?
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
Is buy or sale trade will impact on Nov? Yes/No Please explain.
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
why are accounting firms needed?
credit card expenses entry kisme pass karenge
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
cash credit taken from bank then what is the general entry?
what is differnce between balance sheet of a bank & a company
How do you handle rejection?
Have you ever heard about tds, what it is?