1) Can depreciation come to the CREDIT of Profit & Loss A/c? (Is there any Depreciation received concept?)
2) If yes, under what circumstances?

Hai goodevening to all.
I want voucher formats to get printed for our newely incorporated Company.Mainly...Cash Payment, cash Receipt voucher, Bank Payment Voucher, Bank receipt Voucher, Contra Voucher(If any), Purchase voucher, Sale Voucher, and Journal Voucher...

Please help me inthis regard...

Goodwill can be valued using four methods, and in all the methods we require no. of years of purchase.Please explain no. of years of purchase in this behalf. Explain in detail.

List me some best govt. ICWAs in Delhi.
What is the difference between Foundation and Intermediate course in CWA?

Respeced Experts please guide me: vat output as per monthly return vat-16 is Rs.42120 and vat input is Rs.49857 while the actual vat output=Rs92128 and vat output =Rs.49857/- Due to which we show excess ITC in Vat-16 for Oct 2010. Now for nov 2010 vat output = Rs.74464/- and vat input isRs.1,11,346/- means there is excess ITC for Nov 2010. Can we adjust the amount tax diffrence of Oct 2010 with Nov 2010 and deposite the difference amount. if yes, then how will we show the sale and purchase in vat-16 of Nov 2010. Plz guide me.

Deal all,

I need U S dollars rates from 1st Mar 2010 to till date for accounting purpose

Thanks in Advance

hello,
i wanted to ask dat is the study material provided by icsi chapter is enough coz i found dat in company accounts der is very less problems for dat i hav to refer another books for more problems, but wat abt tax and company law??
As m goin to apper in june for 1st module....
Plzzz help me on same....

if source of money received in bank is not known to company, how to treat the sum received in company accounts.& also in income tax?

DEAR SIR
MY OWNER HAVE DIFF COMPINES. FROM THAT ONE OF THE CO NAME CALLED P.P.C. ASPER THEIR B/S AS ON 31/12/09 SHOWING THAT MY OWNER HAVE PROFIT RS.100,000/- AND THE SAME TIME MY OWNER IS PAYABLE TO THAT CO RS.50,000/-
ON 31/01/10 THEY TRF FROM PROFIT RS.50,000/- TO CLOSE THE PAYABLE(OWNER) AND 10,000/- THEY TRF TO CAPITAL FOR INCREASING THE CAPITAL. NOW MY OWNER HAVE PROFIT RS.40,000/- ONLY ASPER THEIR A/C.
NOW I WANT TO POST THIS ENTRY IN MY A/C. I AM WORKING AS HIS PERSONAL ACCOUNTANT. PLEASE GIVE ME THE JOURNAL ENTRY AND THIS I WANT TO POST UNDER EQUITY HEAD OR NOT.
PLEASE HELP ME.

pls help i m confused
'x' n co. is a ca firm
if the co. recev cheque then in 'x' n co.entry will be
by bank a/c dr
to client a/c
so client will be created under ledger s/debtor but my doubt is that as client is created under s/dr. so my s/dr. will have credit/negative balance.....pls explain

where i shuld make entry in single/double entry
and if the s/dr. is having cr. balance then what about my b/s is it right to have cr. balance of s/dr.
thanx