WHAT ARE THE VARIOUS WAYS OF ACCOUNTING EXCHANGE RATE VARIATION.

My client has purchased some material from XYZ , the vendor has sold the goods on 30.03.2010 but material reached on 6th April to my client premises. XYZ will be demanding C form for the FY 2009-10. How I can give them C form for the FY 09-10 as my purchase falls under 2010-11. Pls advise how to book entries.

Sir
Please tell the difference between the term loan and cash credit and what is period for repayment of such type of loan?

If anyone what to set up its own industry in iron scrap melting industry then bank can give such loan to an individual without any balance sheet, but he having project report for it.

Please advice me Sir,

Hi friends.....

I want to know about Travelling allowance exemption. I read the provision that Rs.600/- P.M is allowed for T.A But One of my friend is working in an Engineering College and the employer is deducting Rs.600/- out of his salary.

So please clear that any special provisons are alos attached with this exemption and why mine friend is not eligible to get the travelling allowance...

Its urgent

pls sent

Dear Sir

If the ESI Employees Contribution ledger showing a debit balance, what are the probable reasons behind it and how to begin scrutinise in such a situation?

if cash from operating activities is negative means the company has a cash loss for that financial year

Dear Sir

In which ledger I have to show ticket booking charges paying to an agent - Traveling Ex. Ledger or Commission & brokerage ledger.

what is cash loss? how can a person identifies whether a company incurred cash loss just by seeing the annual report?

Dear,

Thanks for your answer,but still i have doubt, for recording a prior period item are we need to create a new account for prior period expenses ? please give details