There is a Trust which makes Long Term Investments in MUF.The Company purchases the units at a premium. What is the accounting treatment for the premium paid on purchase of Investment? Should it be added to the Cost of the Investment(AS-13) or should it be amortised over the life of the Investment?Plz reply
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is Depreciation can be adjusted with share application money when in last few years no depreciation has been charged and company has no Retained earnings. (and also if company take the court approval to do so).Advice us.
Sir,
As preliminary expenses is written off in 5 years, my question is as our company has shutdown its operations how to treat preliminary expenses now i.e what is the entry we need to pass pls let me know
HI
Whether the closing stock will be shown only outside the trail balance or it will appear inside the trail balance if the closing stock will appear in both the places then please tell me the situation and also whether we are passing any entry for closing stock
hi
what is accural and how does it differ from provisons
Dear experts,
i want to take complete knowledge of construction accounting.
so kindly please suggest me best books on this subject with good deep knowledge book name and author name.
thanks
Ravinder
when deffered tax will calaculated. how it is to be shown in books.what is correct treatment.
what is rate of cst without c form in the current year.Plz mail me on mail ID as quickly as possible.
what is the rate of Cst without C form.Plz send me on my mail ID.
if i want provide provision for fbt, for this entry...
fbt a/c dr.
to fbt payable ,
fbt ledger can be created under indirect expenses , is it correct or not.
fbt payable normally created under provisions
Valuation of Investment in Trust Books