Our company is in manufacturing stage and we had paid advance payment to several suppliers for some construction purposes. As manufacturing stage I want to treat it as Capital work in progress.So kindly advise how can we pass the entries for the same.

1 Answers   Reflective Aluminium Glass,

---

The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?

1 Answers  

---

What is Retained Earnings?

1 Answers  

---

Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

0 Answers  

---

A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

0 Answers  

---

What is fbt (fringe benefit tax)?

0 Answers  

---

What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?

0 Answers  

---

If i have to sell the existing Business of Mine, What are the calculation for this ??

2 Answers  

---

What is the difference between trial balance and general ledger?

0 Answers  

---

How to entry cash & credit card sales in Tally ERP in One sales vocuher pls help me in this?

6 Answers  

---

what is profitability ratio and dividend policy ratio

0 Answers  

---

What is the purpose of a balance sheet?

0 Answers  

---