who will covered in ssi & who are called non ssi. any condition .turn over
regards
raj

Our (A) company purchased land in 2006 from X for 50lakhs, payment has been made by Y to X on behalf A on mutual understanding of joint venture development of land, but not so good of development and A has been decided to pay the full & final settelment to Y of Rs. 75 lakhs. Actual cost of 50 lakhs alredy shown in books Debit to Land and Credit to Y 50lakhs. my quiry is how we need to treat remaining 25lakhs which not effecting with any statutory s. In agreement mentioned that 25lakhs as compensation.

plese help me to account since i have already released payment as PDC

Journal entries for Insurance claim for the defective parts and claim approved by the insurance company and credited the amount, the same to be transferred to the dealer Account. suggest me the accounting entries to be passed for creating the liability and transfer of loss to the goodwill a/c.

Suggest me the schema of entries.
Murali.

As of now no liability created and only cheque received for the claim how to account the receipt and the flow of entries

Can any one explain me the relationship beetween contribution, P/V ratio and margin of safety.?

How they coneect to other?

I am verymuch confused beetween these three? how to apply?

Please if any one had idea pls explain .

Trade investments?

What are the valuation guidelines on DCF valuation?

Dear all,

Ours is a Manufaturing company, We have procured hand Pallet truck or Trolleyes costing Rs.15000/-. These are purly hand held and not machanical.

The life is explained to be one to two years.

Whether these should be treated as Assets of to be charged to revenue.

Hi ,
Can anyone pls provide me the list of nature of expenses and their exp category as per Accounting standard.

for e.g. expense incurred for staff outing (Expense category Staff welfare)

Dear experts,

Which of these equations is correct?

1. Assets = capital – liabilities

2. Assets = capital + liabilities

3. Assets = liabilities – capital

4. Assets = capital + owners equity



Ans:-

what is the cost of purchase in case of import from outside india when we made advance payment for the same.eg
we made payment of $30 @40 Rs =Rs 1200 on 30.06.2010
and we get the delivery on 27.07.2010 when the rate of $ is 45 Rs means total Rs 1350. so what is the amount should be booked in books of accounts is Rs !200 or RS 1350.