Dear Sir,

Can we show the goodwill as intangible asset of the organisation in the balance sheet ?? and if yes then how to calculate the same ????

concept of capital reserve? which amout transfer in capital reserve?

what the entry we do this

received an order from mohan for the supply of goods worth rs. 100000.In this connection we received 10% as advance

My query relates to the RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 dt. November 17, 2011, regarding “Set-off” of export receivables against import payables. I need to confirm in this regard that the company which has made import way back in the year 2007 can set off its payables by making export to the same exporter from whom import was made in today's date. i need to add in this that the company has still outstanding payments of that import.



Regards

Can anyone say that how to do entry of Future & options in books of accounts of investor? If there are many method than which is the best practice method followed by all accountant? Its an urgent please help....!

Whether the borrowing cost incurred in respect of loan taken specifically for the purpose of acquiring the land can be capitalised with the cost of landas per as-16.

the company is an aviation company and investing its money in hotel businesses and other tourist businesses such as amusement parks, spa, games etc.. So under which head the company has to show this investment in its books of account and what other treatment they have to give while accounting for it... Which AS is applicable?

DEAR FRIENDS

PLS EXPLAIN THE FORMULA FOR
PARTNER SHIP FIRMS NET WORK

A builder has sold few flats and shown the same as sale. Now, buyer is not paying sales consideration, therefore, builder wants to shows the same as sales return. A period of about six month has passed after the sale. Hence, prices of flates have increased.

My question is at what price sales return should be shown ? (i.e. at the same price at which it was sold or at the price prevailling at the time of sales return) Kindly support the answer with relevant accounting standard.

How we decide provision for taxation? Please explain the entries and adjustments for advance tax,provision for tax ,Excess provision, and short provision?