A public Ltd co take loan to purchase plant and machinery to enhance the production. The plant and machinery purchased is ready to use. Pls suggest me whether upfront fee of loan and interest on loan can be treated as Borrowed costs or not. Give me ur suggestion with ref to AS10, AS16
sir,
We are in manufacturing business. Can we issue form-C against inter state purchase for distribution expenses (purchased for marketing purpose)
please explain me
regards,
c srinivasulu
wat is the treatment of statutory reserve in amalgamation process by merger,plz tel me the accounting entry n process,also guide me regarding the differences in the process while adopting the purchase mmethod??
i want to know what is CMA and why it is necessary to prepared?
A Co. Can pay divident on Sharepremium plz give full explanation relating to Co. Act & any other law relates it.
E-mail Id- mynamemoin@gmail.com
Hi All,
What if an employee pays on behalf of the company to the vendors through his credit card and company pays him by settling his credit card bills...
And what of same happens in case of director
Pls reply in case Employee is a relative/non relative of director.
If possible give references to sec/AS
Thanx in advance !
Dear Sir,
If there is foreign exchange loss on purchase of fixed asset we capitalise the same to the fixed asset and if there is foreign exchange profit on purchase of fixed asset what will be the entry
Regards
Ravi Konda
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Interest on borrowed capital