Accounts QnA - Page No 1375

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Anonymous

09 August 2010 at 07:02

partnership

In case of partnership consisting two partners. If one partner retires then will the bank account be closed? Pls suggest.

Are we require to open new account?

krishna chaitanya

08 August 2010 at 22:07

statutory reserves

Respected Members

how to deal with statutory resreves in amalgamation of companies?

regards

chaitanya

geetanshu bhalla

08 August 2010 at 21:35

sir,
if company A took over the business of compant B.&discharge the debunture of company
B AT 20% PREMIUM.then the extra amount given to debunture holder of company B is shown in REALISTION A/c as shown in case of prefernce share in the books of company B?

thanks

Anonymous

08 August 2010 at 19:17

salary provision entry

what is salary provision entry

Anonymous

08 August 2010 at 18:10

Current Asets - urgent

Will current assets like debtor, cash at bank qualified to be an intangibe current assets? If yes, why?

ashay

08 August 2010 at 12:56

ACCOUNTING ENTRIES

CAN ANY ONE PLEASE GIVE ME ACCOUNTING ENTRIES FOR ISSUE, REDEMPTION AND CONVERSION OF SHARES AND DEBENTURES. I REQUIRE IT URGENTLY NOW. PLS REPLY FAST.

Anonymous

08 August 2010 at 12:12

EXPORT PROCEDURE OF COMPANY

HI
RESPECTED MEMBERS

CAN ANY ONE GIVE ME PROCEDURE OF EXPORT SALES

I AM VERY CONFUSED WHAT TO DO FOR EXPORT SALES.

AND I AM DOING TAX AUDIT OF PVT. LTD. IN SUCH COMPANY SALES ARE RECORDED AS FOLLOW:-

1.QUANTITY IS RECORDED FROM EXCISE INVOICE
2.RATE IS RECORDED FROM SHIPING BILLS

AND AT THE TIME OF PAYMENT FOREIGN EXCHANGE RATE INCOME OR LOSS IS CONSIDERED.

WHETHER IS IT CORRECT?

AND PLEASE EXPLAIN THE PROCEDURE OF EXPORT SALES

THANKS
IN ADVANCE

Anonymous

08 August 2010 at 01:43

Applicability of A S-28

A bank has restructured various advances. Whether provisions of A S-28 will be applicable on the bank by virtue of internal indicator that entity has made provisions for restructuring its asset.