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ans- bank a/c debit to cash a/c
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If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not
fiscal year variant Vs posting period variant
shares journal entries
what can increase gearing?
Short Answer on _____________Intangible Assets
Clasify Loss
What is the Assets & Liabilities?
what is Journal Entries?
what are the type of cash flows?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
what is CDD’s configuration
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.