WHAT IS THE TRUE MEANING OF NET WORTH? IF A COMPANIES INVESTMENT'S MARKET VALUE IS HIGHER THAN ITS BOOK VALUE THEN DO WE HAVE TO CONSIDER IT IN CALCULATING NET WORTH? AND IF A COMPANIES DEPRECIATED VALUE OF FIXED ASSETS IS LOWER THAN THE BOOK VALUE OF FIXED ASSET THEN DO WE HAVE TO CONSIDER IT IN CALCULATING NET WORTH? PLZ HELP........

If A is a employee of compny his salary is 50000 Rs per month deduction is tds 10000 rupees & pro. tax ix is 300 rupees. then how to enter in journal & payment voucher in tally ? Which ledger is created & who is debit & credit in entries

Hi If i am a Broker, how should i value shares which are stock in trade??

And Which AS to apply??

Thanks in Advance

Can anybody provide me a sample letter for loan forgiven by Director to the company.

We are a builider. We construct the residential houses and commercial complexes. AS 7 is appicable in this case??? if any then how?

If not applicable then how i recognise the cost and revenue from the business??

while calculating loss of gross profit on annual turnover,which year annual turnover is taken ?

Dear Sir, In projected Balance sheet how we consider the Cash & Bank Account. Suppose if we wish fixed assets addition then also creditors will be raised but what will be the position of cash & Bank in our Balance sheet . It will be as actual or also some projected?

I will be grateful to you.

Dear memebers i have one query regarding as-11
SUPPOSE A COMPANY HAVING EEFC ACCOUNT...
IT HAVE ENTERED INTO A TRANSACTION WITH FOREIGN COMPANY AND THERE IS LIABILITY OF 100$ AT RATE OF 1$=RS.45 ON DATE 09/02/2010..
ON THE SAME DAY IT HAS CLEARED THE DEBT ON THE SAME DAY..THEN AT WHAT RATE the transaction is to be identified..is there any effect for eefc account

Dear Sir,

I am working in as an accounts executive in a software company. Actually I need to know that how We make a projected P/L as well Balance Sheet. Kindly give me some guideline regarding financial so that I may do the same. I will be grateful to you.

Thanks & Regards,
Raghav Jha

Point No 1:Can we lock past tally entries say 01.04.2009 to 31.01.2010?

What I mean these 10 months accounting should not get modified in any case?

Like back dated entries can't be modified.

Please help.

Point No:2 Tally help menu is not appearing in Tally gold multiuser