PLEASE CLARIFY ME DIFFERENC AMONG ABOVE TOPICS

THANKS
SKAGRAWAL
BANKOFINDIA
SILIGURI

Our company developing prototypes of various new products with huge investments, what is the proper accounting treatment for prototypes, can these be capitalized or any other procedure is there as per Accounting Standards or Companies Act. Please clarify.

I want to know if there is any change in taken of Service Tax input credit w.e.f. 1st July-2011 (earlier it's taken on payment basis Payment made to party which include ST Input Credit i.e. payment basis

your early response more beneficial to me

Thanks & Regards,
Kantilal

Sir,

Can Director remuneration can be treated as Salary or Separate Account should be Mainatain As director Remuneration

Can director can take Salary in place of remuneration

dear Sir,

Can you make me clear the meaning of cost center according to cost accounting
thanking you

Dear Sir/ Mam,
What is the entry to be made in Tally.

In the Previous year audited balance sheet bank balance (Credit balance) was treated in Current Liabilities and Provisions as ICICI Bank Loan A/c.
But no loan for this account was taken.

Now what shall i do just treat it has bank opening balance in Cash and Bank Balances or not.

Thanks & Regards
Don bosco

SIR
WE HAD TWO COMPANY NAMED AS A COM & B COM
AS WE ARE TRAVEL AGENT COM HAVING SAME DIRECTOR AS WE ARE TRAVEL & TOUR COM HAVING IATA AGENT FOR A COM ONLY OUR SIR MAKE PAYMENT OF IATA SEVERAL TIME WITH A COM & SOME TIME WITH B COM WHAT ENTRY I MADE WHEN WE PURCHASE TICKET AS B COM PURCHASE TICKLET FROM A COM PLZ REPLY ME AS SOON AS POSSIBLE.

REGARDS
VIJAY KUMAR SRIVASTAV
9211589349

sir/madam i have one doubt.will you tell me types of accounts?i have heared some accounts.i will furnish all those accounts.
Personal a/c:
peronal account has also another three parts
a) natural personal a/c

b) Artificial a/c

c)Representive a/c
please give your explination for above accounts. will you give very very clear.please sir/madam

Dear Sir/ Mam,
What is the entry to be made for Bank Balance which was treated as loan (Current Liabilities) in previous year balance sheet?
Thanks & Regards
Don bosco

My Question is when to account for the foreign exchange gain or loss?. Is it on Purchase/Sales Entry or Payment/Receipt Entry or both?