CA Abhishek Singh
18 May 2011 at 06:52

calculate stock turnover ratio

To op. stock-15920
To purchases-39000
To carriage-1000
to gross profit-36480
By Sales 78000
By closing stock14400

calculate stock turnover ratio



Anonymous
17 May 2011 at 18:25

Capitalisation

We have got a pollution control board approval to increase the capacity of our plant subject to the one of the condition that is development of greenbelt around the factory and in vacant plances to utilise treated effluent water. Can we treat the expenditure incurred for development of green belt as capital nature?


Pradeep
17 May 2011 at 14:10

Accounting of live stock

How to account for live stock in the books of accounts.

2. and what is accounting treatment of the following case

Case-1 In a zoo lioness birth to a cub so on what value we shall show the cub.

Case-2 the above cub is a fixed assets or inventory.


Rajesh Mahajan

DEAR SIR,

PLEASE MAKE IT CLEAR THAT IN CASE OF NO PAN FOR THE PAYMENT TO TRANSPORTER. SHOULD THE TDS BE DEDCUTED ON RS. 1 OF LIMIT OF RS.75000/- APPLIES

THANKS N REGARDS


Debjit Saha
17 May 2011 at 12:28

Demonstration

I am working in a Bio-Fertilizer company.

Here for promotion of a product 'Distribute the product among farmers at free " .

If i show this as an expenses i think it is a wrong way as earlier it shown at the time of Manufacturing.

So, How can i maintain the account .

Please suggest me.



Anonymous
17 May 2011 at 11:09

Difference in Stock report

Dear Experts,
i m doing audit of Pvt Ltd company and found out difference in Stock report submitted to bank and the balances appearing in tally. How to resolve the issue now?


siva krishna
17 May 2011 at 10:53

Excess input credit

Dear Experts,
In the month of march we have excess Input Vat Credit what is the J.E for the same on 31 st March and also tell me under group for respective ledger a/c's
Thanks in advance


nagaraja

Dear All,
When an bill relating to earlier period comes for accounting, then what will be the accounting treatment? how to disclose it in the financials???


Sushil Kumar Shaokand
17 May 2011 at 10:01

fixed capital expenditure

dear experts,
I have searched for the meaning & concept of Fixed Capital Expenditure, but not found anywhere,
Pls clarify the same.

Thanks



Anonymous
16 May 2011 at 20:27

BILLS IN NAME OF DIRECTOR

A PVT LTD COMPANY HAVE 2 DIRECTORS(HUSBAND AND WIFE).BILL OF ELECTRICITY AND TELEPHONE OF REGISTERED OFFICE IS IN NAME OF ONE DIRECTOR.PLZ TELL ME WILL THESE BE ALLOWED AS EXPENSES OF COMPANY.NOTHING IS GIVEN IN AOA.






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