Accounts QnA - Page No 1076

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17 February 2012 at 19:25

Sales of useless items

I WANT TO KNOW THAT HOW I DO ACCOUNTING WHEN I SELL ANY ITEM WHICH PURCHASE COST IS 100/-
AT RS 50/- BECAUSE IT IS USELESS FOR US.
CAN I CHARGED VAT/SALES TAX ON SELLING AMOUNT (Rs 50/-) WHEN I SOLD IT.

sanjay kubal

17 February 2012 at 18:35

Pre operating expenses

Service charges paid for procurement of EPCG License - (for machinery which is to be Imported under EPCG License)

Whether such type of Service charges can be capitalized

SAMIR DESAI

17 February 2012 at 18:02

Accounts

Dear sir,

we take loan as on 27.07.2011 & this loan paid on 16.08.2011 at the time of taken laon we decided 1% interest now how calculate interest & pass entry in our books

RITIKA

17 February 2012 at 13:22

urgent plz suggest - accounts query

The partnership firm has started trading of T-shirts online and T-shirts are manufactured and printed by our vendor but all three partners took 5 T-shirts each for them for promoting that brand while they will wear that. so under what head and what is the accounting treatment for these T-shirts?

Thanks

Anil Bhandari

17 February 2012 at 13:02

List and detail of bank accounts

Dear sir,
Can i have the list, meaning and purpose of the various types of Bank Accounts
(like Open cash credit A/c, WCDL A/c, O/D, Term Loan etc.) that may be opened in a Company?

Anil Bhandari

17 February 2012 at 12:50

Deferred payment liability

What is mean by Deferred payment Liability?
Can i have the examples of the same?

parteekjain

17 February 2012 at 12:12

monograph on accounting for livestock

I am searching for "Monograph on Accounting for Livestock" and not able to find it anywhere. Can anybody please provide me any link or soft copy of "Monograph on Accounting for Livestock".

It is urgent.

Thanking in Advance.

manik

17 February 2012 at 12:09

Payment on behalf of client

our co. had made a payment of rs 5.50 lacs on behalf of our client ,as a membership fees of golf club, how to deal with this entry and under wht head, any decided case law

Anonymous

17 February 2012 at 09:24