Dear Sir,

We have electrical masts and lamp as in our asset register. Now we have planned for conversion of lamps from exisitng SV lamp to Greenline LED lights which rendering not only the extended running life of the lamps and also the cost benefit.

could you please suggest , whether we can capitalized the smae expense or it should be revenue with an example?


sanjeev bagchi
9926907455

help me solving amalgamatoin question relating to advance question

what is goods repossessed a/c and wat is goods repossession ???can any one help me out quickly?

as per schedule 6,if there is an amount invested in the capital of a partnership firm, y is it shown under the heading investments and not loans ?

want to know detail explanation of prior period items and its accounting entry

hello,

Pls. tell me what points should be remember at the time of finalisation of balance sheet like calculation of dep., closing stock, outstanding exp. , prepaid expenses & what more?
Pls tell me.

Dear All,

I have some query with respect to provident fund accounting

1.what are the ledgers to be create for provident fund
2. under which group in tally
3.give journal entry

Please send the reply to my mail ID: sakthivel135@gmail.com

i purchased a book of ca pc tulsian on pcc worth 750/- as it was very simple in language but it contains no accounting standards and also 1st chapter of pcc accounts vol 1 i am so very worried from where should i read accounting standards. can somebody please tell me from where should read accounting standards which are very simple in language.

A sale is made say of Rs. 1000 to Customer A through a commission agent C. Now this Customer A is not paying the money. It is decided that this money should be recovered from the Commission Agent C.

How do we record this decision in the accounting.

june 2006:
opening stock 408000
credit sales 1500000
cash sales 200000
total sales 1700000

july 2006:
opening stock 434400
credit sales 1600000
cash sales 210000
total sales 1810000

aug 2006:
opening stock 460800
credit sales 1700000
cash sales 220000
total sales 1920000
selling price is 125% of the purchase price.
(1)The cost of goods sold for the month of june, 2006 is ???
(2) stock purchased in july,2006 is ???