my question is at what point of time,company comes to know that there is a Permanent Diminution in value of long term investment,take for Eg investment in HDFC top 200 or investment in joint ventures or associates?I just want to know the signs of the same ,As methodology of calculation is already there in concerned accounting standard or IFRS..
what is the treatment of Pvt ltd company registration expenses in the year when it is incurred. Revenue will generate in the next year.
Pls answer in context to company registered in Nepal.
what is pre- operative exp, & what's difference beetween preliminary difference
eg; i am paying rent of 100000 for the month of jan,12 on 2.1.2012 as an advance so i am booking entry as
Rent a/c dr
to rent payable
( Entry Booked)
Rent payable dr
to BAnk
to tds
( Payament Made0 both the entries were made on same date.
so my doubt was i have to book that expenses as prepaid or not if yes pls suggest me a entry and its effect on balance sheet
Please tell full treatment of LIC premiums as well as LIC maturity amount received in case of propritorship firm. What enrty to be made in tally in both cases.
If 200 shares of reliance industries are finished (demerged) and formed into 100 shares of reiance power then.....How it should be accounted in tally...???
Whether through stock journal or through journal voucher...
& then after preparing capital gain chart how should i able to reconcile my profit...??
Please help me...
My Company was paid sum of27794 to another employee as advanced on 25.03.10 but he left on 01.4.10 . he said i will not pay that amount
Can i treat this amount as bad debt
Dear sir,
I want to know the exact entries for the followings:
1. If we deduct the TDS what entry to be made?
2.what are all entries to be put regarding excise Duty? (Please explain the logic too)
3.What are all the entries to be made for the Service Tax and VAT and Credit taken subsequently? (Please explain the logic beyond this entries)
Please tell me the Form name to be used for filing Service Tax, excise duty and Sales tax return?
Advance Thanks sir.
Regards,
Dhanapal.
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Impairment of assets