i just came to know from a professional that there are some changes in Schedule VI of Companies Act (Section 211) so can some one confirm weather they are applicable for May 2011 Exams CA Final or CA IPCC or CA PCC.
Pls reply and thanks for all the support.

dear sir
what is the diff between WDV AND SLM METHOD

DEAR SIR
IN MY FIXED ASSETS SCHE I HAVE ONE MISTAKE THAT, 2008 I MAKE DEP FOR ONE MACHINERY BUT 2009 I DIDN'T TOOK DEP (IT WAS MY MISTAKE)2010 I HAVE THIS SAME ITEM WHAT I HAVE TO DO WITH THIS PLEASE HELP ME
WHAT ARE THE ENTRY'S I HAVE TO PASS IN 2010

DEAR ALL

IS NEW SCHEDULE VI COMPULSORILY BE USED/APPLIED FOR PREPARING FINANCIAL STATEMENTS FOR FINANCIAL YEAR 2010-11? IS THERE ANY EXCEPTION TO THE USE OF THIS EITHER IN FORM OF PERIOD TO WHICH THE SAME SHOULD BE APPLIED OR IN TERMS OF TURNOVER OR SOMETHING LIKE THAT??

please tell me dat for ipcc grup 1 girish ahujas acc buk is gud or not??????????please suggest me other( one buk)

IN THE CHAPTER ACCOUNT CURRENT
A OWED Rs 3,000 ON 1st JANUARY TO Mr C.THE FOLLOWING TRANSACTIONS THAT TOOK PLACE B/W THEM DURING 2008.IT IS AGREED B/W PARTIES THAT INTEREST @ 12% p.a IS CALCULATED ON ALL TRANSACTIONS

2008

JAN 16 Mr C SOLD GOODS TO A Rs 2000

JAN 29 Mr C PURCHASED GOODS FROM A. Rs 1500

FEB 10 Mr C PAYS CASH Rs 1500

MARCH 9 Mr A ACCEPTS A BILL DRAWN BY C FOR 1 MONTH Rs 2000

THEY DESIRE TO SETTLE THEIR A/C BY 1 SINGLE PAYMENT ON 15th MARCH 2008.ASCERTAIN THE AMOUNT TO BE PAID.

DEAR Sir/Madam

PLEASE SUGGEST I AM WRITE OR WRONG IN G.P. & N.P. CALCULATION.

ITS A PROP. FIRM PREVIOUS FINANCIAL YEAR 09-10 M/s.X COLOR CLOSING DT 31.03.10 G.P. IS 12.28% & N.P. IS 2.89%

THIS YEAR M/s.X COLOR CONVERT PROP. FIRM TO PARTNERSHIP FIRM EFFECTED ON 01.01.2011 SO WE CLOSED THE ACCOUNT ON DT.31.12.10 AS PROP. FIRM

THE REQ. SUGGESTION IS HOW TO CALCULATE THE G.P. AND N.P. ON 31.12.10 IF WE MAINTAIN THE % AS PREV.YEAR CLOSING.

I AM DOING AS BELOW

PREVIOUS YEAR G.P. 12.28% / 4 MONTH = 3.07% X 3 MONTH = 9.21% IS IT RIGHT OR WRONG ?

PREVIOUS YEAR N.P. 2.89% / 4 MONTH = 0.7225% X 3 MONTH = 2.1675% IS IT RIGHT OR WRONG ?

THANKS IN ADVANCE

how to make an entry in tally erp for a security deposit received(for room) which is refundable once agreement expires, & under wht head deposit should be entered

Also how to enter the rent received

Dear experts,
Suppose if an individual having a sole proprietorship business is also a working partner in a firm then is it compulsory that every drawing made in the firm has to be shown under individual business as investment
please advise me it is very urgent
Thanks in advance

Respected All,

How to calculate the weighted average number of shares outstanding during the year for calculation of Basic EPS in the case of a new company incorporated on 01.06.2010. There may be three options if no of shares are 10,000:
1. From the date of incorpoartion of the company.(10000*10/12)
2. From the date of allotment of shares by the company as mentioned in share certificate.
3.From the date of receipt of share subscription money.

Please reply at your earliest.

Regards