Dear Friends,

Could you tell me that If I am making any Expense for study of our Employees to help in our business, in which head it will go as expense.

My client deals in both type of trasactions intra day & F & O.He picks deliveries also of shares.Now i want to know how should i treat with deliveries?Are these should be entered as Purchase & Sales Or there is any other way to treat with these? Ialso want to know the treatment of intra day transactions, whether these be treated as Purchase & Sales or It should be entered in "Journal"?

what is the differnce between Travelling expense & Conveyance ?

Pls Kindly reply

Respected Experts

A company had taken 3 month Forwards Contract for $1000 on 1/11/2009 FC Rate 46.6 RBI on that date 46.2 and on 1/12/2009 another FC cover was taken (3 months )for $1000 the company paid the first amount $ 1000 on 1/2/2010..

Please show the Entry to passed on 1/2/2010
when ..

Dear Sirs,
We have purchase some rowmaterial from foreign. the supplier produce bill in $ and the bill date is 09.09.2009. We receive the R/M on 10.11.2009 at our stock yard in port. My question is we will take rate of forex of which date for bill registration in our book.

LET ME KNOW WHAT IS TAX % ON RESALE OF PLANT & MACHINERY

Can charges for delux room (inclusive of all meals on buffet airport transfers, all hotel charges and extra bed) are applicable for deduction of tax at sourvce. If yes under which section of Income Tax.

What is the accounting entry for the gain on sale & sale of mutual funds, whether it should be a compunding entry for both sale and gain

Q (1)What is the Cash Flow Statement?
Q (2)What is the Fund Flow Statement?

Thanks & Regards
FAZLE
fazle_sap_fi@yahoo.in

A company is in the process of contructing building of 20 floors. And 5 floors are almost completed and ready for its intended use.

My query is :-
1) can we do the partiall capitalisation for these 5 floors.?

2) Is there is any specific provision for the same in the Accounting standard?

3) If yes then what should be the basis for allocating the cost for these 5 floors?