I have bank account with Kotak Bank & having the FD of 1,00,00,000. We are not doing the transaction with that account. But I have with draw the FD 3 times so should I have to do the bank reconciliation of that account account also or not required. Please suggest
if we purchase carry bag from vendor than we show in exp & in purchase head.
if we purchase woven carry bag from vendor and also print our co. name in woven carry bag than can be deducted the tds on that bill amount explain to be briefly.
Sir,
I have a doubt in Journal entry.
Suppose i am a construction company and I constructs houses and buildings and after furnishing them I sell them. Now my question is that what will be the journal of purchasing electronic fittings, sanitary
materials, furniture to be fitted in the houses and buildings for the purpose of selling them.
electronics a/c dr.
To cash/creditor a/c
OR
purchases a/c dr.
to cash
Friends
my client developped a website during year 2011-12. as his main revenue generation is wholy from this website, he will start earning revenue from the middle of 2012-13. my query is whether said website development cost is a revenue or capital in nature in 2011-12. if it is a capital , under which it should be grouped i.e. software or intangible assets.
RESPECTED SIR,
I WANT TO KNOW WHETHER IT IS MANDATORY TO PREPARE FINANCIAL STATEMENT OF PRIVATE LIMITED COMPANY AS PER REVISED SCHEDULE VI.
VISHAL MODI
MAIL-vishalmodi89@yahoo.com
sir,
I have received bill from our vendor in April for goods purchased but bill is dated 15th march 2012 and his charged CST at the rate of 2% therefore i have to be issue C form against same but i have doubt for which year i will issue C Form i.e. for f/y 2011-12 or 2012-13.
Plz tell me about the applicability of Accounting standard - 18 on the Companies having turnover not exceeding 50 crores?
plz tell me about the applicability of AS-18 to companies?
As per dividend is to be reduced from cost if it is out of pre acquisition profit but divided accrues only when shareholder declares in GM.
Share Purchase on 15/04/2012
Dividend Declare on 26/07/2012
Dividend Received on 10/08/2012
Whether Dividend require to be deducted from Cost?
It is make any difference if it is normal Investment and there is no consolidation
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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