Hi,
Please guide me weather depreciation is charge in a company on the basis of income tax act or companies act. which system do the accountant follow.
Hi,
Please guide me weather depreciation is charge in a company on the basis of income tax act or companies act. which system do the accountant follow.
Is there any new notification related to stock valuation like items which are >6 months should be valued @Re.1 and >100 days should be at half the cost price etc? Please confirm.
If company took credit facility for 6 months so processing charges for six month is supposed x amount than it treated like prepaid expenses or fully charged to p/l at one time only?
Can any one please explain me with example the difference between written back and written off and also its treatment in accounting ?
hi friends
please say me if a partner ship firm has given bank gurantee and against the bank guarntee the have kept fd as security.
Recd.amt as advance 300000.00
parnter has withdrawn the money and made fd 150000+150000=300000.00 not no firm name but on their name
please say me what entry should be passed in the partnership firm books
regards
Non refundable deposit received on an agreemnet for 3 years
which of the below mentioned treatment are appropriate to recongnise revenue
1. treat it as income at the time of receipt
2. credit deposit as income over the period of contract.
kindly suggest the treatment which is in confirmity with AS - 9 and related IAS
Sir,
“In dairy business when Cow dies we debit it in P/L account during that period. What will be the Journal Entries when Cow give a calf, and on which value?”
Hi,Kindly help me to know the difference between primary and collateral security.
Deprication charge