Linto
23 March 2011 at 12:04

work in progress

Hi,

My question is how do you treat work in progress for a construction company in Tally.Please let me know what is the accounting entry and also under which accounting head the appropriate ledger a/c should be created.


survesh
23 March 2011 at 11:54

Interest on TDS


Sir

A Firm has not paid TDS from June to Feb.

I Have calculated tds. for Each Month.

Please say how to calculate interest on TDS.

Is their any calculation.Below calculation is right or wrong please reply.

TDS Value x 18% X delay days / 365 days

Regards



Anonymous
23 March 2011 at 10:19

BENEFITE OF CPT

WHAT IS THE BENEFIT OF CPT OTHER THAN CA COURSE.


Rajesh
23 March 2011 at 09:25

Journal Entry for buy back

A private ltd. company buy back its shares. Co. had paid to shareholder out of its bank balance. Company has securities premium. Please tell me all journal entries which company has to pass. Also can company buy its shares from CC Account of its bank.



Anonymous
22 March 2011 at 22:26

Bad debts

Dear experts

Could you plz. let me know for booking the bad debts in which head


Umakant Khadke

Can someone tell me whether Revised Schedule VI Format is Applicable in May 2011 exam?


CA Rakesh Garg
22 March 2011 at 17:15

valuation of shares(net asset mehtod)

while calculating net assets fair value of investment( non trading) are to be considered. but which value will be fair value, either it is market value, cost or ant other. pls reply early


CA Saroj Kumar
22 March 2011 at 16:50

in regards of AS 12

i have received a government grant from goverment which is i m deposited into bank for some period.
condition is any interest received on grant should be refundable to the government.
now my query is wht will be accounting entry on receiving inerest and on rufunding the same.
and how can we show in balance sheet that interest.


Abhijit Dutta
22 March 2011 at 16:30

Debtor

Dear Expert,

Few debtors was long outstanding last four years, not giving payment. one is the debtors value was Rs.40,000/= and others below 7,000/-.I want to written off.My quistion is it possible if your reply yes so what I write narration. plz solve


CA Abhishek Singh

i was solving problems on as-11. i got stuck in passing the journal entries having foreign exchange and foward contract to minimise exchange rate risk.

confusion was due to forward contract. also i did not understand what is forward premium.

someone please help my logically the journal entries for forward contract??

my id abhipcc@rediffmail.com






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