Answer Posted / shyam

If expenses incurred by Director is related to business it
will pass as
Expenses A/c ... Dr.(Mentioned appropriate expense ledger.)
To Bank/Cash A/c

If expenses belongs to his personal it will pass as
Drawing A/c ... Dr.
To bank/Cash A/c.

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

5647

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how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)

2009

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what are your current financial and accounting projects? What is your role?

2908

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give 3 reasons why capital is referred to as a special liability

1844

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how many view the tally backup erp9 after the tally backup in tally

1972

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How can you explain the basic accounting equation?

1157

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Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?

1956

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Please would you provide me with a defenition of Cycle count tolerance ? Thank you

2048

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How do you classify errors in accounting?

1229

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What are the different types of gst?

1168

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Differentiate accounting and auditing?

1197

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what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

2102

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credit card expenses entry kisme pass karenge

1455

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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.

2064

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Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

1104

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