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??


Bittal.Adesara

We have made provision for expenses in the previous year 2008-09 for the expenses to be incurred in the current year 2009-10 of previous year.Now if all expenses of previous year adjusted against provision for exp in the current year 09-10.my query is if balance exists in the provision for exp account in the current year 09-10 then what is accounting entry to adjust the balance?


sunil
17 March 2010 at 09:34

AS-11

pls can any one clarify about recent notification on AS-11


Savita
16 March 2010 at 19:32

Stock

What is meant by Stock ?
What is the difference between Capital Stock and Share Capital ?

Thanks.



Anonymous
16 March 2010 at 17:52

FIXED DEPOSITS TREATMENT

FIXED DEPOSITS WITH BANK FOR 3 MONTHS OR MAY BE MORE THAN 1 YR IS IT IN BALANCE SHEET SHOWN UNDER THE HEAD INVESTMENT OR UNDER CASH/BANK BALANCES.






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