is there any difference between book value of asset and written down value of asset.

please any one tell me the difference between provision for bad debts and reserve for bad debts?

Can anybody tell me What is Business process outsourcing all about? In the terms of Chartered accountant ?
How it is Benificiary to CA's ?

Hello All Experts
Kindly advise me on the entry done for purchase of car on lease. The entry is:

Car A/c Dr 65L
DEaler A/c Cr 65L
Dealer A/c Dr 15L
Car A/c Cr 15L (on a/c of credit note recd)
Bank Car Loan A/c Dr 46L
Dealer A/c Cr 46L(being amt of loan)
Dealer A/c Dr 4L
bank A/c Cr 4L
Kindly reply soon. Urgent
thanks & regards
sanjay

i just wanted to know why do we transfer the profit on sale of any asset in profit and loss account...because this is a capital receipt and p&l is a revenue a/c.....i m confused i want clarity with regards to p&l account

sir i am an accounts assistant in one company i have been working for 3 years preasently i want to attend interviews which type of questions they will ask for accounts assistant post
and i want to joine SAP(FICO) I DONT HAVE MUCH KNOWLEDGE IN ACCOUNTS & TAXES MY QUALIFICATION IS BCOM ANY ONE CAN SUGGEST ME

THANK YOU

Dear Friends & all experts
I want to know one question.

1. Can the credit note on a/c of discount recieved on purchase of car be treated as income of pvt ltd co?

2. What will be the entry in the books if the car is purchased on loan for value of 10L and a crdit note of Rs3L recieved.
It is urgent.
thanks
regards
sanjay

What is include in material cost in Trading Profit & loss a/c ?

dear expert,
can it is possible that a ledger(mani electricals) create in my tally erp .9 previous year 2009-2010.now in current year 2010-2011. when i alter this ledger & write it mani electricals kanpur.than it can be happen. bcoz sir this in this ledger many entry are created previous year from still.plz how can i do this

hello everyone,

my boss has given me the task of preparing projected balance sheet of a pvt. ltd company for 10-11 &11-12.

i have no experience of preparing projected balance sheet, but i want to do it on my own.

anyone plz. send me actual projected balance sheet with previous year figures.
also provide useful tips in this regards.

waiting urgently for ur reply.

my id abhipcc@rediffmail.com