This Query has 2 replies
Whether administration overheads are included or not for the valuation of closing stock of finished goods.
Please give a detailed explanation probably with an illustration . I also want to you to prepare a cost sheet for the illustration.
I thank you in advance and please help urgently
This Query has 1 replies
Dear Sir,
We have invoiced to Foreign buyers in USD, AED & GBP. While we raise invoice we book sales and expenses in any at the rates CBEC rate of exchange of conversion of each of the foreign currency. At the time of payments realised in our foreign branch or else we received TT from buyer the rate at which it realised is taken into account in Tally9. Incase if we receive a TT from our foreign branch say $10000 @ 39-30 which is fully converted into our cc a/c or (EFC a/c maintained in USD) whether we have to credit the rate at which realised or avg rate or standard rate in order to tally
with Branch account maintained in india.
Further in EFC account in USD should be accounted in average rate or standard rate
prescribed by CBEC rate?
This Query has 3 replies
what aspect we should take in to account while finalising of the books of account of any limited listed company ,pls tell me whole phase
This Query has 4 replies
A newspaper company also operates private radio channel.
Does newspaper business and radio division are separate business segments as per AS17
This Query has 2 replies
We have estabishe a fish pond in our plant which is made up of Cement and its cost is around Rs.1.75 lac.
Can we treat it as our asset?
If yes, then please guide under which head Building and can we claim depreication on it?
This Query has 4 replies
hi,
Is logo design expenses is covered under AS 26. Can it be capitalised.
This Query has 6 replies
What will be the accounting treatement of expenses incurred while issuing FCCB bonds. Expenses like obtaining and paying fees to professional bodies and govt insitution (BSE & NSE, CA, CS )
This Query has 3 replies
due to frequent modification of tarrif by the statutory body i.e. central electricity regulatory commision,the current bills being raised by the different generating units include the energy charges for the previous years also.it is to mention that estimated or actual liability can not be determined at end of the purchaser on the basis of tariff order. whether the energy charges for the previous years included in current bills shall be accounted for as prior period expenses or current year expenses.
This Query has 6 replies
Dear sir,
I want to knew How Doctor having his own hospital maintain his accounts.
what legal and income tax compliance he has to follow.
Above 40 lacs turn over, he may attract in tax audit or not.?
Please reply
This Query has 4 replies
a govt company aquired land on lease on nominal amount with certain amount of rent which is to paid annualy.rent so paid will be capitalised or otherwise.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
Administration Overheads