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Anonymous
04 October 2010 at 19:30

matter of tally or nay taxes

sir plz mujhe tally or koi tax se relative koi side batao jisko main pad ke main daily update ho saku.plz reply so soon

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MANISH KR. SHARMA
04 October 2010 at 15:46

QUESTION ON BRANCH ACCOUNTING

RESPECTED ALL,

I WANT TO KNOW AS BELOW

WE ARE TRANSFERRED OUR GOODS TO OUR OTHER BRANCHES AT VARIOUS STATES @ COST PLUS SOME MARGINS AGAINST FORM `F` I HAVE TWO QUESTION REGARDING THIS AS BELOW

1. AT THE END OF THE YEAR WHAT IS THE TREATMENT OR JOURNAL ENTRY OF CLOSING STOCK IS HELD AT BRANCH IN WHICH THE PROFIT WAS INCLUDED.

2. SOME STOCK IS ALSO TRANSFERRED AT THE 30TH MARCH WHICH IS IN TRANSIT IT HAS ALSO CONTAINING THE PROFIT MARGIN SO WHAT IS THE JOURNAL ENTRY OF THE SAME AND WHAT IS THE TREATMENT OF PROFIT INCLUDING IN THE STOCK IN THE TRANSIT

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sandeep sahu
29 September 2010 at 21:30

decision making

Sirs , how to make decision of purchase of an capita assets acquired on finance , whaen we donot know its cash inflows? for example :

Ltes it cost is 100 laks
finance is 80lakhs with interrate of 10 5 per annum with yearly rest with epayment schedule of 10 years and its residual value after depreciate of 5 %. please guide me , when and how my lone is worthy for for purchase of assets ? and whether i shoud go for this ?

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Anonymous
27 September 2010 at 17:23

matter of tally

GOOD AFTERNOON SIR,
PLZ TELL ME IF I CREATE TWO SAME UNIT OF KGS. SUPOOSE I WANT TO SEE FULL DETAIL OF EACH UNIT( MEANS THAT MAINE IS UNIT KE AGAINST KITNE PURCHASE KI HAIN .)THAN SIR IT SHOW BOTH UNIT DETAIL IN TALLY .CAN ANYONE TELL ME HOW CAN I SEE FULL DETAIL OF EACH UNIT

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vijay g. nalawade
19 September 2010 at 23:05

Treatment of Asset

Company engaged in Transmission of Electricity purchases land only for errecting Sub-stations. Land is never purchased for reasale or as investment.

Untill the completion of errection of Sub-station the land is treated as part of Work-in-process and after that whole asstes i.e. Land, Building, Plant etc. are transferred to respective assets groups.

Whether accounting treatment of Land is correct in terms of Accounting Standards ?




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CA Tushar Gupta
15 September 2010 at 16:41

dep treatment in company accounts

If a part of Invertor is sold during the year so how we calculate loss/profit & depreciation for that year.according to companies act.
For Example Cost of Invertors(not known the no of invertors) is 100000 dep upto 31.3.2009 is 40000 & on 30.6.2009 a invertor is sold for Rs. 5000,the actual cost of that invertor is not known as a single head is used for all invertors how dep & loss/profit on sale of invertor is calculated according to companies act,will it affect deffered tax also

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Rajesh Goyal
15 September 2010 at 13:08

Deff. Revenue Expenditure

Dear Experts,
A Pvt. Ltd. co. is setting up its factory in a remote area where no electric connection is available. The co. has incurred Rs. 458220/- to bring electric connection to its factory area and for setting up of electric poles.

What shuold be the accounting for above expenditure.
Whether it should be treated as deferred revenue expenditure, and if yes, what amount should be written off during the year and in how many years.

The factory is still under construction.

Regds,

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Anonymous
13 September 2010 at 16:29

Account Heads

Accounting Heads using for the day to day expenses of a Five Star Hotel?

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MANJOT SINGH
12 September 2010 at 11:10

Nature of accounts

AS PER THE ICAI STUDY MATERIAL OF CPT COURSE SALES IS CONSIDER AS NOMINAL A/C AND SALES RETURN IS CONSIDER AS REAL A/C. HOW IS IT IS POSSIBLE? AS COMPARE TO THE LAST QUESTION ICAI POINT OF VIEW THE CORRECT OPTION IS SALES RETURN A/C.REMAINING ITEMS ARE GENERALLY INVOLVED IN THE NOMINAL A/C. SO THE ODD ONE OUT IS SALES RETURN A/C.

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CA Vijeta Verma
11 September 2010 at 08:33

sinknig fund

is sinking fund A/c & debebenture Redemption Reserve are same?

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