Anonymous
08 June 2012 at 12:21

Compensation paid on fixed assets

Muncipal corporation owned some market shoping complexes while construction of flyover these complexes are removed and for these compensation received from the government.

what is the accounting treatment ?
if assets depreciation reserve maintains how to setoff it


ABDUL VAJEED
08 June 2012 at 11:23

Tally

Hi,

One of my clients havin accounts in tally with inventory ,

Now some goods are damaged so they want to reduce the stock ,

How to effect that ?


Nitish Agrawal
08 June 2012 at 09:55

As 30,31 n 32

plz anyone guide me that what are the topics covered under AS 30,31 n 32 ?


SAMIR DESAI
08 June 2012 at 09:45

Proprietership firm profit

DEar Sir,

I have proprietorship firm & I also maintain my indivisula books of account in tally than how i mentioned porprietorship profit in my indivisual books of acccounts how pass entry pls guide me & othe question is if i give ten thousand rupees to my pro. firm than this amount go in my pro. firm as loan & advaces


ANKIT GOR

Respected Sir/Madam,
Thanks for your kindly help in past problem.
I am start part time accountancy in Private Limited Company.
The Company This year Deal In Share market F & O type transaction so I am So confused that how can i entered all this type of transaction in Books of account in Company ASSESSES.

What is the effect as on 31.03.2012 last date when actually transaction made but settlement not made in this month.

Is there ANY AS applicable for this and any company Law Bound?? Please help me in this problem

Thanks

ANKIT GOR


Radhika
08 June 2012 at 00:33

Implication

Hi please can any one tell me that
NWC = Current Assets - Current Liability

and NWC = Net Worth + Term Liabilities - Intangible Assets - Non Current Assets

whereas if this both dnt match than what this implies means whether it is utilisation of Short term cash for the purpose of the NWC or short finance of the NWC



Anonymous
07 June 2012 at 22:57

Treatment of imported fixed asset

what the treatment of imported fixed asset which held with the intention of being used for the purpose of producing or providing goods or services and is not held for sale in the normal course of business.
1.My question is whether the foreign fluctuation booked in under profit and loss account or added in the cost of the fixed asset?
2.which date is taken to book the foreign fluctuation whether the bill date or bill of lading or bill of entry date?



Anonymous
07 June 2012 at 22:05

For accountant knowledge

Know i am working in a company. I am Graduate in commerce stream. I know tally and Ms-office! My salary is 7000 per month. Now I want to earn 15000 per month. What i do know. can you teach me or advices me what i do? My family condition not so well. Tell what is the eligibility for earn 15000-20000 per month? Tell me the syllabus and and how i complete it?


hemant
07 June 2012 at 20:08

Accounting entry please guide

Respected experts, please guide me in the following its really urgent:

The case is as under;

Say there is a registered trust having 80G certificate, now this trust want to purchase assets but as there is many problems in after words selling that property, so decided to create company for buying assets but the problem is that fund given by donor is to trust for buying property now how trust can enter in this transaction of buying property.

So, main point is as under

fund given by donor is to trust for buying property.

Now that property purchase agreement is done by company with builder.

now my question is i want to rotate fund from trust to company for buying that property.

so guide me whether this is possible and if yes then how and if not than suggest me in the matter.

complete accounting entries. etc please any further details required than please let me know


Thanks.


Sethu

Hi,
Can any one send me Excel format of P&L, B/s. revised Schedule VI.






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