indira

Dear all,

What is the accounting treatment of convertible debentures. Are they equity or debt? where is it placed in the balance sheet


ASHISH KUMAR PATRO
09 March 2010 at 17:32

ACCOUNTS

ONE OF MY CLINT IS HAVING SOME BUSINESS FOR WHICH EVERY CUSTOMER NEEDS TO REGISTER ON HIS WEB SITE FOR WHICH HE IS CHARGING 2500/-, WHETHER THAT 2500/- WILL BE CREDITED TO P&L A/C AND TAKEN AS HIS INCOME OR NOT.



Anonymous
09 March 2010 at 15:47

goodwil

goodwill valueation ..........


ATUL KUMAR GAUTAM
09 March 2010 at 15:06

seured or unsceured loan

Dear sir,


Some one told me that vehicle loan taken from bank suhould be shown under the HEAD UNSECURED LOAN NOT UNDER SECURED LOAN AS PER SCHEDULE VI IN THE COMAPNY BALANCE SHEET

PLS LET ME KNOW WHAT IS CORRECT



Anonymous

Hello, please answer the following
Payment to creditors will result in---
A) Sources of funds
B) Application of funds
C) No impact on funds

please explain

i think that the answer is - application of funds
but in icwai suggested answers-june 2002 the answer is - no impact on funds

please clarify
thanking you


Ramu
08 March 2010 at 18:26

Professional tax slab rates

Dear Sir,

Please tell me PT new slab Rates in Andhra Pradesh.



Thanks & Regards
Ram



Anonymous
06 March 2010 at 20:26

Construction accounts

I HAVE A CONSTRUCTION COMPANY.I GET ADVANCES FROM MY CUSTOMERS.IS IT MY SALE AT THE END OF THE YEAR OR IT IS CONSIDERED AS MY CURRENT LIABILITY AS ADVANCE FROM CUSTOMER


reshma
06 March 2010 at 18:57

Projected Balance sheet

Dear Experts,
Pls. guide me how to make projected balance sheet of a partners ship firm with example. It's a urgent request.
Thanks.



Anonymous
06 March 2010 at 17:08

Tally


Sir,

Will someone clarify me on the following:

We are maintaining accounts in Tally.The data has not been split and is continuing from the financial year 2006-07.Now there are some nomeclature in which no transactions has taken place since last 2 years.

My question is whether unused nomenclature can be deleted without disturbing the balance for the previous year.

Thanks




Anonymous

Sir,

If preoperative expenses and preliminary expenses are capitalized to which head we will write off these expenses and how many years it will written off in equal figures.






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