Mugdha
26 January 2011 at 09:49

credit rating

Dear experts i want to know what credit rating agencies do? how do they help to companies ? i work with some company and i found our company had made some payment to credit rating agencies. our company has taken loan, and how do credit rating agency do help us in this matter please clarify



Anonymous
26 January 2011 at 00:08

PLEASE YOU ALL ARE REQUESTED....

HELLO SIR,

I WOULD LIKE TO DRAW YOUR ATTENTION ON MY QUERY AS I WAS GOING THROUGH CA CLUB INDIA AND FOUND A DISPLAY WORD ACCA(UK) THEN AFTER I BIT GOOGLED ABOUT THIS, BUT RESULT I FOUND MYSELF, ON CONFUSING STATE OF MIND.

SO, PLEASE YOU ALL EXPERT ARE REQUESTED PLEASE LET ME KNOW ABOUT THIS QUALIFICATION ITS WORLDWIDE ACCEPTANCE AND ITS FUTURE PROSPECTS AFTER COMPLETING IT IN INDIA AND ABROAD TOO.

WITH WARM REGARDS,
ZIA


CA Abhishek Singh
26 January 2011 at 00:06

Answer the following questions ??

1.) what is the meaning of BOLT contracts ??

2.) can goodwill already appearing in the balance sheet of holding & subsidiary company be ajusted against capital reserve aritsing on consolidation ??

3.) where to show minority interest in consolidate b/s??



Anonymous
25 January 2011 at 23:14

Journal entry

Dear Experts,

A Co. pays towards consolidated bill raised by a consultant as under:

Professional charges 10000
Add: Conveyance chg 3000
total: 13000
Payment is made after 10% tds u/s 194J.

Company passes the Journal entry as:

Prof chrg dr... 10000
Convey. dr... 3000
To bank 11700
To tds payable 1300
Is the journal correct?

Thnx in advance


alok singh
25 January 2011 at 23:09

accounts

difference between accounts payable and bills payable


alok singh
25 January 2011 at 23:03

accounts

what is meant by contingent liability and contingent asset


alok singh
25 January 2011 at 22:56

accounts

what do you mean by deferred revenue expenditure


dinesh
25 January 2011 at 16:59

DTAA Between India Taiwan

Dear all Experts,

We are belong to logistics industry.

Please advice on the dtaa between India & taiwan

if their is any dtaa between the two countires please send the notification copy to me.

also please send the any articles available to satisfy the customers that their is no dtaa agreement between bothe coutnries.



Anonymous
25 January 2011 at 16:27

Balance Sheet

Please any one help me in solving the below problem....

From the following information related to ABC Ltd., you are required to prepare balance sheet.

1. Current Ratio -> 2.5
2. Acid Test Ratio -> 1.5
3. Gross profit on Sales Ratio -> 20%
4. Net Working Capital / Net Worth Ratio -> 0.3
5. Sales / Net Fixed Asset Ratio -> 2.0
6. Sales / Net Worth Ratio -> 1.5
7. Debtors Ratio -> 6.0
8. Reserve / Capital Ratio -> 1.0
9. Net Worth / Long Term Loan Ratio -> 20.0
10. Stock Velocity -> 2 months
11. Paid up Share Capital -> 10,00,000


Padmaja CA
25 January 2011 at 16:23

Tally

Dear Friends

I had one doubt in tally accounts please clarify
our Organisation had Bank Term Loan in UBI Bank
They relese Loan Directly in Loan account (I.e generally Frist they must release loan amount to our current account next we may pay to parties from current account)so they paid to our parties directly from Loan account
so how can i made an entry in tally accounts to reflect that transaction in Receipt and payments accounts in tally

If i made a journal as Party AC Dr
To Term Loan Account
then above entry not reflected in Receipt and Payments accoun

Please Please Clarify






CCI Pro



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