how we maintain account for a coaching institute?

2 Answers  

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what is account reconcillation

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if salary is paid what will be entry? If it is given on advance? If it is paid on delay

5 Answers  

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wat is accounting entity

1 Answers   Capital IQ,

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what do mean by reserve and provision both are same or not?

6 Answers  

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my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

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how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

0 Answers   Student,

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If i paid cash to my merchandiser(employee) in his imprest account.& if he is not able to arrange the purchase bill than how will be his account settled or what will be the entires for this process.

1 Answers  

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What does the investment of personal assets by the owner will do?

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in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity

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From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.

2 Answers   Ignou,

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machinery purchase of 10000 plus transportation 800 what will be the journal entry

2 Answers   Air Smart HVAC Solutions, SS Solutions,

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