If a company is involved in designing work then computers become the asset on which the designing is done. So should it be shown under computer A/c or it should be shown as Plant & Machinery ?

Further the design software used is more expensive than the computer itself. So how do we account for the same? Do we treat it as part of computer or do we show it as software only?

Further the software has a subscription period of 1 year after which it may have to be subscribed again. How to account for the same?

how to analised operating,investing and financing activities after making cash flow statement.

dear sir i want to know about deffered revenue expenditure, and treatment thereof.

Dear Sir
How Can I get best marks in Accounts & Costing ?
i have given my two attempt already and could not manage to pass one of the group.
next attempt is May.2010? i m totally out my way.plz suggest me.

In case of purchase of any plant & machinery and as per terms & conditions, vendor is to provide us technical know-how to operate the plant like training to staff/workers for operating the plant etc.

Can u tell me the treatment of Payment of Know How fee as per:

(a) Indian Accounting Standards
(b) IFRS
(c) Income Tax Act

Like: Capitalization / Account for as Intangible Assets/Write off in particular period of time.

Regards

Sir,
What is difference between Fund,Reserve,Provision?
please give examples
thanking you

Sir,
we have sold goods and raised invoice
and later we have received a bill from the debtor insted of cheque.it is presented into bank.
how to account for the VAT.
i.e on full amount of bill or after deducting bank charges.
please give me the accounting entry
thanking you

Hello sir
What are accounts receivable and payable?
Please explain the process involoved in it.
Please give the accounting entries for that

thanking you

In cash flow statment if we are purchase the fixed asset on installment basis...
in the installment there is a an interest....

my que. is which amount take under the head cash from investing activities..... principle amount or principle amount and interest

Sir
Donations exceeded last year as per section 293 1 e of the companies act.Roc qurried the same . Is there any remedy to over come this issue? Please help.