HOW THE INCOME IS RECOGNISED IN THE BOOKS OF THE HOTEL INDUSTRY WHICH HAD THE SCHEME THAT ANYONE WHO STAYS IN HOTEL FOR UPTO 4 DAYS CAN BE GRANTED A STAY OF ONE DAY IN HOTEL FREE WHICH HE CAN AVAIL IT BEFORE TWO YEARS. ONE COSTUMER STAYED FOR FOUR DAYS BUT A FREE DAY IS NOT AVAILED BY HIM DURING THAT YEAR. HOW THE HOTEL COMPANY WILL ACCOUNT FOR ITS INCOME DURING THAT YEAR CONSIDERING AS 9 EITHER FOR 4 OR 5 DAYS ?

We Have 4 branch. HO In Pune. Some Time Fund Direct transfer to One Branch to Other Branch that time Can I show entry fund transfer to Other branch.?

Or

First show fund come to HO and Transfer to Other Branch?

What can i do here?

What are Statutory Reserves? Who are required to maintain such reserves? Please give as many examples of statutory Reserves as possible.
Thanks in advance.

i have a water bottling business.
i supply 5 gallon water bottles to my customers. basically the bottles are my property. i am only selling the water.
the cost of one bottle is around 17 rs. and I am assuming that one bottle can be refilled only upto 30 times. so for costing purposes I have taken the bottle cost to be 17/30 = rs 0.57.
actually i want to treat these bottles as a current asset and want to amortise its cost .
plz tell me the treatment to be done in P/L a/c & balance sheet.

A Govt. company has paid Interest on arrear salary of the employees. around 20 lakh. For 5 years. whether this interest on arrear salary will be treated as prior period exp. as it does not belongs to this year.
or will it be allowed to Debit PL A/c in current year.
or will it be recognised as Misc Exp. & will be written off in 5 subsequent year. it is affecting pL A/C very adversely. & whether this will be allowed for tax computation of Current year. Kindly reply. or suggest the
Accounting STandard which relates to it & IT Sec.

Dear experts,

if we purchase 1 land worth rs 165000.
& paid rs 2500 for stamp duty & legal fees so what is the account entry will be at that time????/

Hi
I am working in a car spare parts showroom. I give every month different type report including PL account. We are using for separate inventory software. My question is how to enter in to tally for inventory ledger as assets in balance sheet. And what is the journal entry. I am using as accounts only.

I work in a Bio-Fertilizer company.

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

So, How can i maintain the account .

Please suggest me

Dear Sir

I am a CA Final student. I am little bit confuse about the AS & IFRS.

I don't understand which author book for AS & IFRS is best for me???????

So pls give me ur valuable advice regarding the book????? WHICH AUTHOR BOOK FOR "AS & IFRS" CA FINAL COURSE IS BEST????

awaiting for ur reply????????

Sir,
Please advice me about accounting treatment of govt.grants and relavent Accounting Standard.