How to consolidate the Balance sheet? And what is eleminated entries?
If our one unit is in India & another one is in US. Then how do I consolidate the Balance sheet? There is differance in currancy. Means while the consolidation the cost of $ (Dollar) increases or decreases as compare to the date on which the assets are purchased.
Can anybody help me out.
Can an indian private company change its financial year from april-Mar to Jan-Dec. if yes, what is the procedure to do so?
How to Calculate Exchange Fluctuation on Foreign Currency Account (Ex. EEFC)? As I understand it, rate at which the transactions are made during the year should be compared with the reinstated rate at the beginning of the year and exchange differences should be arrived. At the every year end, it should be reinstated at the closing rate. Am I right? If not, then how?
can i get some help on accounting manual,
i mean how can i prepare the accounting manual.
If the company going to continue its operation in future,follow going concern concept.if going concern concept not followed ?
there are three stages
1.inventory stage.
2.stores department.
3.billing stage.
in first stage what is the entry they will pass when they are purchasing plant& machinery from a supplier who is in andhra pradesh .i required the second and third entry also.if suppose VAT is applicable to the stages and what the entry will be there.
in a company why they want to make a dummy account ?
what are the reasons to maintain a dummy account ?
Is the VAT which is charged paid by the receiver or by the provider?
please give me a detail reasons for the above which i have specified............
hi friends,
this is sreekanth, my friend 4 the purpuse of project work, want 2 have 5 consicutive FYs projected/exampled vertical B/Ss as per sch6 of one company which has objective of taking order&disptching air crafts but following conditions ;
1.not having stock in hand
2.no bill transaction,i.e.,no b/s,b/p.
3.share capital rem.,constant
4.loan amt.,should be given off in 4years once.
share capital=4000cr
plz, be give me the same b4 tomorrow (10-02-2008) at 2AM SO THAT MY friend may get benificiated.
B/S shold be based on objective &plz use all possible heads.
thank u & again plz be send as quickly as possible so that im grateful 2 u.
From where I can get complete text of US Gaap.
Can some one mail me soft copyor shar file.
Regards
what is mis report and how it is prepared ?
tell me breifly
Inform me the name / details of construction / real estate accounting software for costing
S.K.Wallia
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
Consolidation of Balance Sheet