Accounts queries [2578]

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J ASHOK KUMAR

03 February 2009 at 18:19

Club Membership

A private company(WOS) wishes to take club membership on the name of the company or on the name of the Managing Director. The Membership Fee is around 2.00 lakhs. Please advise me how to show in the books of account. Can it be written off as expenditure in the year of payment?

jay.......

03 February 2009 at 17:10

accounts of banking companies-provisioning

sir/mam

could you please help me out in my query.my question couldnt be posted here as i had to attach an excel file.i have posted it in the accounts discussion forum part under the heading " provisioning for NPA " .i have posted it on 03/2/09.please helpme out regarding the query

kaushal

03 February 2009 at 17:10

depriciation

can Asset be written of fully at end of its life ??

RAVI KALRA

03 February 2009 at 16:27

interholding

interholding in or sylabus or not for pcc may 09

Sakthi

03 February 2009 at 15:43

Convertion of Creditors to Reserves

Is it possible to convert a certain amount of Creditors(Who was silent for the last 5 years) into Reserves as per AS

Sakthi

03 February 2009 at 15:37

Convertion of Creditors to Reserves

Can a certain amount of Creditors(if they are silent for 4 years) be converted into Reserves as per AS

Chitra Nair

03 February 2009 at 14:33

Accounting treatment for Sim Card & Recharge card dealer

How should the accounts of a person dealing in sim cards and recharge cards be maintained? e.g. A person purchases recharge cards of Rs.100 at Rs.90 from a Company and sells the same at Rs.100. In what manner the difference of Rs.10 be accounted for so as to avoid any provisions of Tax Audit.

C Karthik

03 February 2009 at 12:28

Treatment of Right Issue

How to pass entries for Issue of Right shares

Ranjith Kumar

03 February 2009 at 10:40

Hire Purchase Accounting

In Hire purchase accounting the vendor deals in both cash sales and HP sales such being the case, the stock reserve for closing HP stock is to be ascertained using the loading percentage on HP price, will the loading has to be computed by HP price - Cash Price Or HP Price - Cost Price?

Deepak Gagrani

02 February 2009 at 19:28

Loss in transit

Dear all

Please give me accountind entry in case if a firm purchase material from b , & b sent the material to a , & a give advanced payment for material , & material loss in transit

that the time what entry we will pass in a book & insurance calim received after one month from the date of loss in trasit ,

ple give reply

thanks