I want to export TB from Tally to a Excel Sheet. From excel sheet I want to know the formulas for preparing the BS,PL and Schedules. Can anybody guide me please

Asset (computer) which is not used for the entire previous year but it was used in earlier p.y and charged depreciation also to the p&l a/c

please tell me if we have not used above asset for the entire p.y is that depreciation to be charged for the p.y as per companies act 1956

thanks

DEAR SIR
I)MY CO.(SUPPLIER) HAS BAGGED AN ORDER OF RS.100 CRORE FROM A MULTINATIONAL POWER CO.(PURCHASER)
II)AS PER THE TERMS OF THE CONTRACT,INITIAL ADVANCE OF 10% OF THE ORER VALUE WILL BE GIVEN BY THE SUPPLIER AND PURCHASER WILL HAVEE TO FURNISH BANK GUARANTEE OF EQUIVALENT VALUE TO THE SUPPLIER.
III)THERE IS A CONDITION IN THE CONTRACT THAT AN APPLICATION FROM TIME TO TIME CAN BE GIVEN BY THE PURCHASER TO THE SUPPLIER FOR REDUCTION IN THE VALUE OF BG TO THE EXTENT OF ADVANCE ADJUSTED BY THE SUPPLIER.

IV)THE QUESTION IS:-
A)WHAT ARE THE ADVANTAGES IN COMPLYING WITH THE TERMS OF APPLYING PERIODICALLY TO THE SUPPLIER FOR REDUCTION IN BG VALUE.

B)WHAT WILL BE IMPLICATION IF THE FRESH BG WITH THE REDUCED VALUE IS NOT PERIODICALLY SUBMITTED TO THE SUPPLER AND THE ORIGINAL BG IS MAINTAINED WITH THE SUPPLIER

C)CAN THE SUPPLIER ENCASH THE ORIGINAL BG VALUE IN CASE OF NON COMPLIANCE TO OTHER CONDITION OF THE CONTRACT BY THE PURCHASER EVEN IF THE ADVANCE ADJUSTED
THANX AND REGARDS
S K MAJUMDAR
MANAGER
IA

company a controls the composition of board of co b to arrive economic benefit....as per as 21
now net worth of company b is 2 crores .a is is paying 1 crores to the shareholders(100%) of b.

how it will be accounted in the books of a.
a has decided to consolidate company b in its books of account

if a is [paying 1 crores to 70 % shareholders of b then what will be the accounting entry.
please reply fast.
it is most urgent

Dear Experts,

Whether a lumpsum payment of lease rent to acquire leasehold land for certain period is compulsorily to be capitalised in books?
Is there any legal requuirement to capitalise the leasehold land as FA?

or alternatively,

Company can book the advance lease rent as prepaid expenses and yearly amortise the same?

Whether expenditure incurred on removal of vegitation, inagruation expenditure including stone laying ceremony expenditure etc need to be capitalized ?

I need help for the querry, I got at the time of TDS return filing...

"Last Total Tax deposited provided in the statement is not matching with corresponding statement details available at TIN Central System"

Please suggest... what to do..

i was reading AS-17 semgent reporting and and i could not understand the following sentence.
Interest is allowed as an expenses to reportable segment if segment is engaged in financial operations.

what is the meaning of fiancial operations ?

Kindly provide me with the file/formula/software, which can bifurcate the PRINCIPAL amt & INTEREST amt from an EMI

I had some excel file in my e-mail
but it's been lost

i have paid rent on 05.12.10 through ICICI Bank

the amounts is 240000-(tds10%) 24000
so amount paid is 216000
rent paid for the month from december 2010 to november 2011 i.e full 1 year

now how to pass the following entries
entries should pass according to financial yaer 2010 -2011
i am making the entries
plz check if it is correct or not

05.12.10payment entry
rent exps Dr. 72000
prepaid rent(inadvance) Dr 144000
icici bank cr. 216000
(being rent paid to xyz party for the period from dec2010 to november 2011)

05.12.10J/V Entry
XYZ( Party) Dr.24000
Tds on rent Cr.8000
Tds in advance Cr.16000
(being tds deducted on rent)

payment of tds on proper date
07.01.2011
Tds on rent Dr.24000
By ICICI Bank Cr. 24000
( being tds paid into bank)

plz sir check this entries and plz let me know that this entre is is correct or not

best regards
momin irfan
accountant
juniorlevel