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.


Guest
16 May 2011 at 16:50

books for financial reporting

which book should i use for financial reporting.. m having paduka it has good sums but no concept clarity....m looking for m p vijay kumar ....i have to complete FR by self study in 50 days....

please advise mpvikjay kumar+ practise manual + dsrawat(as) enough to get 70+ in financial reporting....


K Venkatesh Shenoy
16 May 2011 at 16:02

head of account

dear sir
In the case of a trust the main object is to conduct musical concert,they give artist remuneration for their performance in addition to this they gave recording right to a cassette company, in return the trust paid some amount to artist for recording their programme. to which head this expense to be accounted for ?






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