Hello All,

Recently I came across a cash flow statment in which PROCEEDS FROM ISSUE OF COMMON STOCK IS NEGATIVE.
Can you please let me know under what circumstances it will be negative.
Financial statments were prepared under IFRS.

Regards,
Shrivatsa

Dear Sir,
Please consider this issue:
A company enter into Agreement for taking premises for a Rent of 5 Years. During second year, the company made Renovation and Extention, Partition of Card boards, fixing of Electrical fittings, build a floor, tiles etc., After end of 5 years the Rental Agreement will be proposed for Renewal also.
Query:
1. Whether this Renovation expenses are qualified for Capitalisation as Per AS-10? Since, if Agreement is terminated, the company does not own any part of the Premises.
2. According to Income Tax Act, whether this Renovation expenses are should be capitalised and can claim Depreciation or it should be write off in the year in which it is incurred?

friends, please help me in clearing this

total purchases- 432000

cash purchases-20% of net credit pirchases,purchaSE returns1/7 th of gross creditpurchases

find the gross credit purchases. i tried in so many ways. please help me

Can any one tell me which is the best current running Inventory software for the garment industry.


Thank You

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

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

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??

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

difference between accounts payable and bills payable

what is meant by contingent liability and contingent asset