How shuold the invoked Bank Guarantee accepted by the Bank but not paid to the beneficiary on the date of Balance sheet be reflected in the Balance Sheet of a Bank.
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Capitalisation
We have purchased extra monitors for few existing computers for convenience on looking/monitoring multiple sheets.
What should be the treatment done for these items in the books of accounts ?
Do we need to capitalise it ? If you look at a standalone basis these monitors cannot perform any function indepedenlty. What should be the correct treatment as per Accounting Standard /Law?
Please advice
Many thanks in advance
Regards
Ramesh
ACCOUNTING STANDARDS
DEAR ALL,
I HAVE A QUERY RELATED TO AS 16(BORROWING COST). I WANT TO KNOW ABOUT THE EXTENDED PERIOD OF QUALIFYING ASSET IN RELATION TO WHICH THE BORROWING COST IS CAPITALIZED. WHEN WE NEED TO LOOK AT THE REASONS FOR DELAY IN DEVELOPMENTAL ACTIVITIES.AND IN which case we have to suspend the capitalization?
NEGATIVE BALANCE OF CASH
Hi,
Respected Member of CCI
One of my office client have negative balance in Cash balance in books of account.
So how i adjust such negative balance in positive in appropriate manner and pratical way please guide me.
Before i go my principal i want to know way to handle this.
Thanks
advance
Difference between Provisions and Accruals
please any one clarify me the difference between Provisions and Accruals.
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journal entry
what should be the journal entry in case of lost of car taken on loan?
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Accounting treatment of convertible debentures
Dear all,
What is the accounting treatment of convertible debentures. Are they equity or debt? where is it placed in the balance sheet
Professional tax slab rates
Dear Sir,
Please tell me PT new slab Rates in Andhra Pradesh.
Thanks & Regards
Ram
PREOPERATIVE EXPENSES&PRELIMINARY EXPENSES
Sir,
If preoperative expenses and preliminary expenses are capitalized to which head we will write off these expenses and how many years it will written off in equal figures.
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