Accounts QnA - Page No 1136

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Anonymous

24 September 2011 at 11:59

Trial balance

I have one doubt,its simple but some confusion .........
The question is
" Why we are taking opening stock amt for the preparation of Trial balance instead of closing stock?"
I expecting a simple but logic answer from your side....

Anonymous

24 September 2011 at 11:40

Closing inventory in trial balance

Hi All,
Closing inventory has to be included in trial balance?

pravin

24 September 2011 at 09:51

Credit card payment

many of customers amount paid through the credit card, how to maintain in tally the entry of payment through credit card

Anonymous

24 September 2011 at 00:34

Accounting standard 22 - deferred tax asset

Is it true if a comapany makes loss,it should create deferred tax asset? evenif there is no timing difference arising out of Depre & Disallowances ?

Anonymous

23 September 2011 at 18:30

Can sources of or application of fund can be negative?

cumulative loss is greater then loan+ capital so sources of fund is negative.net current assets is negative and which is more then fixed assets so application of fund is also negative.
CAN WE SHOW THE NEGATIVE FIGURE IN SOURCES OF FUND AND APPLICATION OF FUND IN THE AUDITED BALANCE SHEET.

Lakshmanan Velu

23 September 2011 at 14:26

Calculate selling price for furnitures and electronic items

Dear Sir/Madam,

We have purchased the home furnitures items (such as Cot, tables, sofa, curtains, air conditoner, washing machine, fridge) on Sep, Oct and Nov, 2009. Now we would like to sell that items. How can we find the selling price of all the items? At what price will we sell?

CA Hanuma

23 September 2011 at 13:42

Shedule vi

where i should show mis. exp like preliminary exp not written off in revised schedule IV

Anonymous

23 September 2011 at 12:54

Is website development a capital expenditure?

please let me know if website development isa capital expenditure and we can charge depreciation on it?

If yes, then at what rate Depreciation be Charged?

Anonymous

23 September 2011 at 12:38