Guest
01 February 2010 at 03:45

Help Please

I want to know that is it possible that we can do posting in ledgers without journalising it on paper as well as in mind ........i mean tio say that is it necessary to either think or to write journal entries while posting in ledger?

can we do posting in ledger with raw data without jounalising it especially in case of companies.......?

If we open securities premium a/c , share discount a/c , calls in areears a/c , share application a/c , share allotment a/c and calls a/c in ledger than it is necessary to pass jounal entries and if we do direct posting than is there any chances for mistakes?

I tried .i am able to know when will the account will be debited or credited but not able to know the opposite account without the help of journal entries ..........

please reply


Sameer Dwivedi
30 January 2010 at 20:37

Reference Book

tell me the best book for advanced financial accounting paper of ICWAI inter 2002 syllabus?


Vinay Chopra
30 January 2010 at 15:23

AS-22

hi,
Where an asset has reached its residual value of 5% under SLM and the company is still using that asset and keeping this asset at residual value of 5% in their FA register but it claims depreciation under WDV for tax purpose.
Whether the difference in taxable income and accounting income on account of depreciation charged in IT Act and no depreciatoin charged in Co Act will be timing difference or permanent difference??


karunakar masapeta

hi friends,
presently we are using focus 5.5 software for inventory and stores Mngt and now we are going to upgrade it focus 6.0 version and bought for Rs.55000
hence is it revenue exp or Capital
plz suggest me


Ramu
29 January 2010 at 18:02

Accounts

Dear sir

Please tell me PF rate & contribution details.


Regards
Ram


Shripad Moharil
29 January 2010 at 17:58

Interim Dividend

Is there any restrictions as to how many times a company can declare an interim dividend during a particular financial year.
Secondly is it necessary to open a separate bank account every time an interim dividendis declared?

Can a company use an account once opened for subsequent distribution of interim dividend?
Please clarify!


alpesh
29 January 2010 at 14:47

P & L query

What is diffrence between consumption of raw material & purchase of traded goods



Anonymous

i want to know that is it mandatory to disclouse related party transaction in case of pvt.ltd.co. who has not proposed public offer


amit gagrani
29 January 2010 at 11:44

Reference Book

Tell me the name of best reference book for Advanced Accounting-CA FINAL.


pankaj kumar gupta
29 January 2010 at 10:36

EQUITY SHARES

A COMPANY CAN PURCHASE ITS OWN EQUITY SHARES ? REASONS






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