if we have recd some amount as share premium above Rs.10/- then Rs.10/- will go to issued share capital in capital account & above then rs.10/- will go to ??????? in which head?

Can a Company which is exporting Iron Ore Fines and paying Export Duty claim DEPB License..?? And how that license can be used?
Its urgent..

Electrification expenses are incurred by an undertaking in its leased factory which is to commence operations in 2 months.Can this expense be written off over a period of 3 years as the factory will be shifted to own premises in 3 years?

I have joined as an accountant of a newly developed builders company.Private limited company.I have experience only in the field of Tds. Now complete accountant's responsibility on me. how to start ,I dont know.Company has 500000 authorized capital.200000 subsribed capital.what amount has to be shown as capital.Necessary ledger accounts in the books of builders firm.

Dear sir,
our products need to be packed in a costly material before their sale. at the moment we are debiting packing charges for purchase of packing materials. we are not considering it as part of our inventory. can we treat packing materials as part of our inventory as per as-2

In A chit business

what is entry for recoding every month

installments received from member.


How to adjust chit dividend against evry

month installment through entry

whether profit or loss from sale of assets is extra ordinary item under AS-5 or not.

Thanks

Sir,

As per the subject, in case of takeover if the company who's business is takenover by another company has business losses can such losses be carried forward as business loss in the books of company who has taken over the business if so under which section.

Pl suggest me the accounting entry for payments made towards Lumpsum trunky project.

Say, My project is still going on and i have made payment of Rs.1 Crore on the basis of invoice received than what should be the accounting entry for this.

should it be debited under Work in progress account or should be treated as advance in view of AS 10 payment.

Thanks

what u mean by guarantee under lien