What is the difference between Purchase Register and Purchase Ledger?


Regards,
Devendra Kulkarni

I have acquired fixed asset in 2007 but for the same i received government grant in 2010. I have provided the accounting treatment by reducing from the gross value of asset.

issue is

Whether depreciation on above said asset (after deducting subsidy)is to be provided prospectively or retrospcectively.

Provision for doubtful debts is 1000 &
debtors are 90,000 at end of year,
provision for doubtful debt 1% required, then
the entry
a) P & L A/c Dr 900
To provision for doubtful debts 900
b) Provision for doubtful debts 900
To P & C A/c 900
c) P & L A/c Dr 100
To RDD A/c 100
d) none of these
what is the answer n reason?????
pls rply if any one knws the answer

A/c entry for interest received on unsecured loans

Plz give me some xamples of Plan assets wherein companies invest to provide employee benefits...
(as per AS-15)

What is the account method for BOT project and also tell us about applicable AS, Guidelines for BOT Project.

PLEASE ASK MIS REPORT AND FUND FLOW STATEMENT AND CASH FLOW STATEMENT DESCRIBE AND EXAMPLES.

As per AS 9, interest income is recognised on time proportion basis. Suppose if the Fixed Deposit taken by the company is 1 crore @10% payable quarterly(interest accumulated quarterly, and then on principal amount + interest the next quarter interest is calculated), then, how will the interest be recognised?
Summary: FD principal amount:1Crore
Rate of Interest : 10%
Frequency of payment: Quarterly
Period of FD: 2 Years
Maturity Value: 12184030
Total Interest: 2184030


Option 1: Interest to be recognised for the year: 2184030/2

Option 2: Interest to be recognised when the interest amount is actually due... Quarter basis.. In the present case, Rs. 250000+256250+262656+269223= 1038129

please Help.

Dear Sir,
One of my client is doing Future Option Trading in share Bazar. His daily turnover is approx. 50 lacs.
What is the procedure for accounting?
Shall i account it as purchase & sales?
can i do as transfer to direct speculative profit/(loss)?
And shall i need toget accounts to be audited?
Kindly suggest me the best way.
Regards

Compay has purchased computer software and at the same time they had paid towards installation charges and one year support charges. There are 2 seperate bills for the software purchase and installation & support sysyem. Whether this installation and support system charges need to be capitalised or not??