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

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

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?

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

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.

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

what is capitilise of assest ?

What is unrealised foreign exchange gain/loss ?

Thanks

What is unrealised foreign exchange gain/loss ?

Thanks

Hi, In sales invoice of a party, it shows the net amount in decimal figures. For e.g. 1225.25 or something like that. But I don't want any decimal amount, I want to round it off to something like 1225.
More clearly, For "A" party, X item 5 qty 100 rate = 500 - disc 10% = 450
Y item 5 qty 100 rate = 500 - disc 12.5% = 437.5
Total amount in the invoice is = 887.5
Now I want to round it off to 888...how I can do that? Any help would be appreciable....