Accounts queries [2593]

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survesh

08 January 2009 at 15:37

ACCOUNTING ENTRY

hi
this is regarding partnership firm accounting.please say me where should i post income tax payment made of firm for previous year in this year
income tax for fy 2007-08 paid on 1/9/2008
posting entry in books of partnership firm

regards survesh

Amit Kasat

08 January 2009 at 12:33

Fixed Asset accounting in Telecom Industry

Sir i want to know the procedure for Fixed asset Accounting in Telecom Industry on the basis of AS/IFRS/US GAAP

pls provide PDF or some material on it

It's very urgent

Amit

PARDEEP SINGH

07 January 2009 at 18:43

CAN I CLAIM THIS EXP. IN PROP, FIRM.

ACTUALLY IF THE PROP. PURCHASE A LAPTOP FOR HIS BROTHER AND HE HAS PAID HIS BILL BY HIS CREDIT CARD AND THE BILL ALSO MADE WITH HIS BROTHER NAME BUT IN BILL AFTER HIS BROTHER NAME C/O FIRM NAME HAS MENTIONED. SO THEN IN THAT CASE CAN WE CLAIM IT IN OUR EXP.

PLEASE REPLY ME SOON.

Rajkumar

07 January 2009 at 15:46

What is mean by Fictious assets?

I am Rajkumar. Please provide the answer

Arun Kumar

07 January 2009 at 10:45

Accounting Standards

gopi

07 January 2009 at 09:42

Accounting entries as per Accounting Standards

1) Raw material order cost @ 100 /- per kg plus cenvat 4 % & AP Vat 4 %.

2) Ordered qnty = 1000 kgs

3) Material received is 950 kgs but the invoice is for 1000 kgs .( 50 kgs damaged condition and rejected )

4) Payment made is for 950 kgs only .

Can you plz suggest the Accounting entries as per Accounting standards ...

vivek

06 January 2009 at 22:38

Final Accounts

what is the treatment of following items in final accounts if they are given in the trial balance?please tell with reason.
1)stores consumed
2)works extension

A D - Loving Life

06 January 2009 at 21:38

Tell the reason

when machinery is at cost is there then while preparing a/c of machinery disposal a/c then depreciation as charged at credit of it?
why?

A D - Loving Life

06 January 2009 at 21:35

CAn u solve it with reason

If in balance sheet op. balance of machinery is 80,000 & cl. is 55,000 & During year a machine costing Rs. 10,000 with accumulated Rs. 3,000 was sold Rs. 5,000 then what is effect to b taken in cash flow statement?
With reason answers plz?