If a part of Invertor is sold during the year so how we calculate loss/profit & depreciation for that year.according to companies act.
For Example Cost of Invertors(not known the no of invertors) is 100000 dep upto 31.3.2009 is 40000 & on 30.6.2009 a invertor is sold for Rs. 5000,the actual cost of that invertor is not known as a single head is used for all invertors how dep & loss/profit on sale of invertor is calculated according to companies act,will it affect deffered tax also

in which account shold amount paid for new connection of electricity & amt paid for load increase be accounted ?
Are these admissible expenses?

Net profit as per profit and loss account Rs. 21,58,28,715
Out standing shares as on brgining of the year (i.e. on 01/04/2009) 23,77,25,547

Right share issued on 29/03/2010 3,00,00,000 @ Rs.10 per share

Fair value of the share immediate before right issue Rs.37.86

Kindly help me in calculating Basic as well as Diluted earning per share.

Thanks in advance

Nilang A Dalal

Dear Experts,
A Pvt. Ltd. co. is setting up its factory in a remote area where no electric connection is available. The co. has incurred Rs. 458220/- to bring electric connection to its factory area and for setting up of electric poles.

What shuold be the accounting for above expenditure.
Whether it should be treated as deferred revenue expenditure, and if yes, what amount should be written off during the year and in how many years.

The factory is still under construction.

Regds,

in mercantile system how to make journal entry for service tax at the time of bill raised and during receipt

Dear all,

I have received the bill for 19000 for the same i have deducted TDS& remitted to govt then our vendor reduced the cost, i got bill of Rs/- 18000

Please suggest me the entry in the books of accounts

Regards
Mrityunjay

Recently I have started Currency Trading with Alpari, UK. I have opened account with 1000 USD for which I have transferred approx48000/- from my bank account. Now all transactions and Gain or Loss is in USD, so how can I pass accounting entries in my Tally9 Books? Plz let me advice on it i.e. Fund transfer entry (INR to USD), Buy & Sell tansaction in USD, Gain or Loss in USD, at the end of the Financial year Balance with Alpari in USD.

F.y. 0809 donation is paid of rs 10k. And same added back in computation.in f.y. 0809 out of 10k 5k cheque return. How entry pass in books. And treatment in computation.

FD created of Rs.3 crore is for 3 years and Interest Recd as on 31/3/2010 is Rs. 300,000.00 for 1 st year

Is this Interest said to be Accrued Or Direct Debit to FD and Cr Interest in PL Ac

What are the condition for Accrud Interest.

Dear all

I know that vendor reconciliation is acccount payable , further i want to know whether there is growth in my career.i finished my B.com

please any body tell me full job resposiblity and whether it is easy to work and i can develop my knowledge in accounts transaction.

pls do the needful