Anonymous
07 August 2010 at 15:42

Diffrence betn Banks & NBFC

Can u explain please what is the basic difference betn banks, financial institutions and NBFC's....?

and acts governing them.


CA-AK
07 August 2010 at 14:07

wats the entry

Can any1 tell me the entry for profit on amalgamation in books of shareholder


Girish
07 August 2010 at 12:44

Provision for Obsolence Stock

I want to know if we make provision for Non moviing stock due to non use / old or obselecnce, we have to make necessary entries i mean reerse the cenvat credit for the provision for stock if yes how it is done. secondly will this have to intimate VAT dept as we file quarerly stock statment with the department. Another important thing is while computing the Income tax will this provision are to be offered for tax.

Regards

GIrish Mani


RAJESH JAISWAL (PCS, MBA, LLB)

we have increase the share capital of company & paid some ROC Exp. Please let me advice that these exp are revenue nature or capital.

How can we treat this exp. while booking the expenses



Anonymous
06 August 2010 at 22:30

Depreciation

Dear Sir/madum

Change in the Method of Depreication

In the above method =
1-10root of 5000/105000

Ans is : 26.247

Many Time i will try but not get coorect ans and also i submit above que. maths teacher he also not get the perfect ans

Please give the step by step above question ans

Urgent

thanks

regarads

Girish


CMA.Bhagawati Sharma
06 August 2010 at 19:46

ifrsa and budgeting

what is the impact of ifrs on budgeting process.
is there any significant impact on budgeting?

plz give me details ?


SWAPNIL MEERA SHARMA
06 August 2010 at 18:14

Subsidiary Books

Sir/Madam,

What are subsidiary books....???
Plz elaborate.

Thanks.



Anonymous
06 August 2010 at 17:15

Net Worth

In a Limited company the Net Worth of a company is Share capital+reserve & surplus(excluding Revaluation reserve) - Misc expenditure & losses.My question is whether preference share capital includes in share capital or its only equity share capital.Also in reserve & surplus if there is revaluation reserve then its excluded and if consists capital reserve then should it be excluded because only free reserves are taken to calculate net worth



Anonymous
06 August 2010 at 16:47

Exchange fluctuation

Borrowings under ECB is credited in USD to our overseas bank. Upon crediting the money in USD, an entry is created in our books at notional rate for creation of the loan liability. Subsequently, the funds are credited to our ECB (rupee account) in India at the the rate prevailing on the date of transfer. Upon transfer, the loan liability is restated at the converted rate. The difference between the notional exchange rate and the actual converted rate is treated as restatement of the loan liability and not as exchange differnece. Is this accounting treatment correct?


sumit jashnani
06 August 2010 at 16:36

book

please suggest for the books for all three subjects of pcc 1) accounts 2) cost & fm 3) taxation.

please suggest me the books through which
I can clear the exams by self study only.. As I have not taken classes (and i m unable to.) as the time for november attempt is very less.






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