Anonymous
23 September 2011 at 12:38

Inventory valuation

What are the methods of inventory valuation generally used by companies?



Anonymous
23 September 2011 at 12:35

Cash flow from operating activities


If company's cash flows from operating activities are positive then what is meant by that?



Anonymous
23 September 2011 at 11:58

Query regarding as -20

i want to know in case of a pvt. company where there is a loss is it necessary to calculate EPS ?



Anonymous
23 September 2011 at 11:57

Amalgamation as per as-14

Sir,
'X' Company is going to be merged/amalgamated with "Y" Company. In the balance sheet of 'X' Company the following amounts appear :
Liabilities Assets
Share Capital 100000Fixed Assets 130000
Free Reserves 50000Current Assets20000
Capital Reserve 20000Misc.Exp. 30000
Current Liabili. 30000P & L Account 20000
------- -------- 200000 200000
------- --------
Share capital to be issued by "Y" Company as against purchase consideration is Rs.150000 . Please tell what are the items to be taken for calculating Purchase consideration under net assets method?

Thanks in advance,
C.Rao



Anonymous
23 September 2011 at 11:49

As - 20

SIR I WANT WHAT SHOULD BE THE EARNINGS FOR CALCULATING EPS.

EARNINGS AFTER TAX = RS 50000 BUT AFTER CHARGING PREMLIMINERY EXPENSES.

WHETHER PROFIT AFTER CHARGING PRELIMINERY EXPENSES TO BE CONSIDERED OR NOT ?


pravin
23 September 2011 at 11:38

Stock

New Dilip Electronis is a Mobile Shop, they maintain stock in Showroom + Distribution + Counter Sale, sir how maintain the stock in tally , how clarified the showroom stock, distribution stock, counter sale stock in tally,


SHREYANSH B SHAH
22 September 2011 at 20:04

Excise treatment

Hi Expert can u give clarity regarding following doubt:

AS 2 and Guidance not says that Excise on manufacturing should be treated as manufacturing Expense and also it Provision for non- removed Goods made:

My question is that how can be it treated as an expense when you are passing the burden of Excise to the Customer of that company.?



Anonymous

sir in case of following situation :

Busineess Loss Rs. 480512/-Iincluding depreciation)
Depreciation as per book Rs. 100523/-
Depreciatiaon as per I.Tax. Rs. 106203/-

in such situation what will be calaculate either Deferred tax assets or deferred tax liability. and in case of carried forward business loss what effetcs given. pls also calcualte the DTA or DTL in above situation.
Thanks


mint
22 September 2011 at 16:05

Journal entry

what is the Journal Entry if Share Alloted on Premium


Jayesh
22 September 2011 at 15:29

Revenue recognition

Are not construction comapany require to follow percentage completion method mendatorily, while recognising their revenue ? or Is there a option to follow either project completion method or percentage completion method?






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