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Shalu
14 August 2009 at 14:39

costing

can somebody tel me how to add the over heads to per unit cost and arrived at the selling price.

i've arrived at per kg and want to add all the overheads to it like salaries, rent etc...........

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Murtaza I Bhagat

Pls tell me on Cement Purchase
Payment of Excise and also Freight Charges,
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
How take entry of Excise,VAT & Freight Charge ?
If this Credit Refundable or not ?
& what about credit note given by seller ?

pls help me in this confusion.

thanks for your advise in advance

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Murtaza I Bhagat

Dear sir/s
what is the right entry of Insurance Premium of any Individual having Profit/income from Business/Profession ?
1) Do we take LI Prem to Capital A/c ? Can We reduced the account of Capital ?
Pls tell me which is right
(A) Capital A/c Dr.
Cash/Bank Cr.
(Nr. Payment of Insuarnce Premium)
(B) Insurance Premium (Assets) Dr.
Cash/Bank Cr.
(Nr. Payment of Insuarnce Premium)

Afterthen Pls tell me if Insurance Premium for ULIP Plan and we will be refundable the amount after the Maturity of Plan when we have to take those amount in Entry.

Most imp :- Pls tell me where we have to take the Premium Payment Amount & Refunded Amount Difference in Accounts on the above case.

Pls guide me in that matter
pls send me any file on my emil ID related to this Query
my Email ID is murtaza_bhagat786@rediffmail.com

Thanks for your advise in Advance


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M H Laskar
05 August 2009 at 15:29

Balance Sheet (VERY URGENT)

Sir, I need Balance Sheet & P&L A/c Format (in Excel) for the FY 2008-09 to maintain an Account of a Salaried Person.
My E-mail ID : mhlaskar@gmail.com
:: VERY URGENT ::

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C.A. Mahesh

we are Pre-Engineered Building manufacturer...Can anybody help me in framing tax structure for Pre-Engineered Building ...we are both manufacturer and service provider...is there any friend working with company with same product...

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CA Ravi Shankar K

Ours is a State Transport Corporation.
We are using Electronic Ticketing Machine for issue of Tickets to the Travelling public. This has an in built system for generation of tickets, invoices and other related documents. It has got an inbuilt program to update the data in the main computer so that other remittance, reconciliation, initialisation for subsequent use.

QUERY: What is the depreciation rate under i) Income Tax Act
ii)Companies Act.

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vandana
29 July 2009 at 18:26

transactions in commodities

If a trader in commodities with actual investment of Rs 1,00,000/- but with a turnover of Rs 1,00,00,000/- and loss of Rs 5,00,000/-. Will he have to get his books of accounts audited?
If not how will the sales be accounted for?

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Sameer Kapur
29 July 2009 at 17:33

Voucher entry for LIC Premium

Hi,

I am keeping book of A/c, I want to generate an entry systems where i am paying Lic premium. it should effect my Bank, Premium paid. Also keep a track of how much premium is paid for a Policy in total till date.

What are the entries should i do?

Can any one suggest the entries for this.

Thanks, and wiating for a reply.

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CA,CS, ICWA Inter MANOJ KEDIA
28 July 2009 at 11:39

FUNDMENTAL OF ACCOUNTS

why all assets are debited & all liablities are credited ?

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ramesh
27 July 2009 at 16:08

Investment in holding company

ABC company is make investment RS 1000 crores in XYZ company and PQR is holding company of ABC
PQR merge it self XYZ so indirectly subsidary company get investment in subsidary company.
PLZ tel what entry required to pass in the book of ABC Ltd.

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