is it neccessary to write pariculars & amount each time when we prepare accounts in exams(in both accounts & cost)..& is it so that we cant use pencil even for drawing lines of accounts format

pls anybody solve the following technical problem:

A ltd is the 100% subsidiary of B Ltd from the date of its incorporation.

during the year new shares are issued to parent co. at premium.

what is the treatment of premium?

whether it shall set-off/ eliminate with investment.



or it shall be shown in consolidated balance sheet as share premium and goodwill is to be shown at asset side equal to the amount of share premium

Whether answer will be different if inbuilt RAM is 256MB. But client further add 1 GB RAM costing Rs.2000? Please give the grounds of answer also Like Accounting standard

Dear Experts
in a rolling mill we receive lubricant oil, parts of plant and machinery.
what entry shoul i pass for recording for above transaction.
wheter
1- repair & maint. of p& m
or
capitalised.

thanks.

why is cash stolen at branch is crdited in branch stock account in stock an debtor method

Dear Experts

Please explain me how EPS is derived from the following data :

Net Profit 274840

Equity Shares (1st six months) 10000 sh
(Further Issue) 9680 sh
TOTAL No Shares 19680 sh

My boss has calculated EPS of Rs.10.36/-

Thanks

hi friends what is the meaing of SOX.

how to make entry for bad debts

Dear Experts,
Please,Resolve one query

There is supposed to be a asset under Block 1 on which we were charging depreciation at the rate 15% for 3 yrs but the problem is that asset doesn't belong to this block it belongs another assets block on which depr.is provided at 10% this mistake come into light after 3 yrs
Now, i would like to ask :
1. What Will be the treatment of Excess charged Depr. in prev yrs ?
2. how that asset will be taken under other Block ?
Please............

Thanking You!

1.X (Director) Holding substantial Shares in PQR Ltd and also X’s is a partner in XYZ firm during the year financial year the Partnership Firm(XYZ) has supplied raw materials and rendered other services to the PQR ltd Co, in which X’s has no interest in such transaction. Company on his own interest had made the transaction with XYZ firm.


Query
a) In the above question it Clearly shows as X’s has no interest in the above transaction , Now whether the above transaction should be treated as related party and should be recorded in the 301 register of the company act 1956?

b)In what way a transaction said to be related party transaction?




2.X (Director) Holding substantial Shares in PQR Ltd and also X’s is a partner in XYZ firm every year the Partnership Firm(XYZ) supplies raw materials and rendered other services to the PQR ltd Co, in which X’s had interest ,but during the Firm has not supplied any raw materials to the firm.

a).Whether any thing should be written in the 301 register of the company act 1956?