It would be very kind of the person(s) answering this question:

Is there any mandatory requirement for a public ltd. co. (listed) to obtain confirmation from Micro, Small Scale & Medium Scale Enterprise vendors regarding payment outstanding to such vendors and disclose the same separately in the annual accounts?

If it is mandatory under any act, then the consequence of not complying with the same?

Thanking the person(s) answering my query.

IS IT COMPULSORY TO LEARN PARAGRAPH NO.
THERE ARE SO MANY PARAGRAPH NO. IN AS.

ALSO I WANT TO KNOW WHAT IS MEANING OF RECLASSIFICATION OF INVESTMENTS UNDER AS-13

DEAR SIR
I PAID TO ONE SUPPLIER RS.50,000/- 2010 AND I WILL GET INVOICE ON MAY-10 ONLY. NOW I WANT TO PREPARE TRIAL BALANCE FOR 31-MAR-10.
HOW I WILL ADJUST THIS AMOUNT ON 31/03/11 WHAT ARE THE ENTRIES I HAVE TO PASS ON 31/12/11. PLEASE HELP ME.

Hi
one of my friend is applying for A/P Accountant post. But he said to me A/P accounts only suppliers payables only. but i think it may have all other admin exp payable Accounts will include like salry Telephone exp, etc. can any one tell me what is right?

Hello everyone


I am a bit confused that whether actual variable factory overheads are used both in marginal costing and absorption costing FOR valuation of closing stock (This confusion has been created by different treatments in module and suggested answers)

can anyone help??????

how does A.S. help in preparing the finalisation of accounts?

as i read the A.S. but got cofused as Every A.S. is different and no connection while writing account except few

what A.S. is more preferable to be remembered?


and what points to be considered for preparing Finalisation of Account
and how to use A.S. in Finalisation of Accounts

Hi everybody,
Thanks for answering in advance.

I wish to understand the logic behind using normal tax rates for creating deferred tax liability.

Why not create DTL at MAT rates, since MAt is the effective current tax. Thnaks a lot

While making a payment in cash, Over how much amount a revenue stamp has to fixed and sign across..?

How much time spend for clearing of other state cheque and how many charge for clearing it. If cheque is dishonor from any cause then how many expense deduct for it.plz give ans. with example.

DEAR SIR
I HAVE PROBLEM WITH ONE SUPPLIER, I WANT TO PAY FOR HIM RS.20,000/- AGANIST ON PROJECT (AND I PAID RS.15,000/-) BALANCE RS.5,000/-
ENTRY (30/11/10)
OPERATING EXP DR 20,000/-
TO
SUPPLIER 20,000/-
AS ON 31/01/11
NOW THE PROBLEM IS THAT THEY NO NEED FROM US RS.5,000/-(THEY MAKE DISCOUNT) AND WE WANT TO CLOSE THEIR A/C (OPER EXP ALREADY CLOSED ON 31/12/10 NOW WE DON’T HAVE THIS)
ENTRY
SUPPLIER DR 5000/-
TO
CR (WHAT)
PLEASE HELP ME