K R Ramesh
19 March 2010 at 09:49

Capitalisation

We have purchased extra monitors for few existing computers for convenience on looking/monitoring multiple sheets.

What should be the treatment done for these items in the books of accounts ?

Do we need to capitalise it ? If you look at a standalone basis these monitors cannot perform any function indepedenlty. What should be the correct treatment as per Accounting Standard /Law?

Please advice

Many thanks in advance

Regards

Ramesh



Anonymous
18 March 2010 at 19:19

accounts

did anybody tell me about how to accountfor chit transactions.


abhishek sharma
18 March 2010 at 18:04

accounting standard 9

Will AS_9 is mandatory in 2001-02 financil year for public limited company


Raghav
18 March 2010 at 13:38

Cash Flow Statement

Dear Sir/Madam,
What will be the effect of loss on investment at the time of preparation of cash flow statement as well as depreciation at the time of preparation of cash flow statement.

Kindly give me the details regarding the loss on investment and depreciation as soon as possible.May you also define the Direct Method and Indirect Method of Cash Flow.

Thanks & regards,
Raghav Jha


Ravi Kiran
17 March 2010 at 22:05

Individual Accounts

Dear Sir,

What will be the accounting entry in the books of individual where glass has been broken which was purchased for flat and has been capitalised in flat under fixed assets .

And also please tell the accounting entry for the amt recd from insurance company twds furniture insurance claim on account of broken glass.

Regards

Ravi Konda


sona
17 March 2010 at 19:01

ACCOUNTING STANDARDS

DEAR ALL,
I HAVE A QUERY RELATED TO AS 16(BORROWING COST). I WANT TO KNOW ABOUT THE EXTENDED PERIOD OF QUALIFYING ASSET IN RELATION TO WHICH THE BORROWING COST IS CAPITALIZED. WHEN WE NEED TO LOOK AT THE REASONS FOR DELAY IN DEVELOPMENTAL ACTIVITIES.AND IN which case we have to suspend the capitalization?


Akbar Mirza
17 March 2010 at 17:49

capitalization of replacement of dyes

Whether the replacement of dyes of machinery after completion of its useful life which is used in manufacturing of food product? useful life of dyes are 2 years.


sajjad hossain
17 March 2010 at 16:41

share capital



could anybody help me please?
Authorirised capital of a pvt ltd company is 20lacs,paid up cap-10 lacs,But during the year share holders contributed
Rs13 lacs, how should i show this amount in b/s, what would be it's journal entry?
and what formality is to follow in ROC?


kawal
17 March 2010 at 13:20

Voucher

Dear Sir,,

voucher maintain karne waqt narration puri likhni chaiye.?? Tally par voucher entry karte waqt kitni naration likhni chaiye??
pls give me answer

Regards
Kawal


kawal
17 March 2010 at 13:14

Voucher

Dear Sir,

bank ki deposite or party cheque deposite ka bhi hame voucher maintain karna chaiye ke nahi??






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