Fixed expenses should consider for valuation of Finished stock or it should take only variable cost for stock valuation. If yes tell me some fixed expeses should take on valuation of stock
hi,
What should be the accounting entry(considering the purchase cost & accumlated depreciation) for sales of fixed asset.
for eg . we have sale one asset & we received some money from it.
Dear Colleagues
What are the disclosure/classification requirement for "Short term Borrowings and current portion of long term debt received from Banks/FIs" in Balance sheet.
does this form part of Loan Funds?
if not what are the heads covered under Loan Funds> secured loans?
Please clarify, shed constructed at factory premises to install new Machinery .The expenses incurred on construction debited in building A/c or Plant & Machinery alongwith freight?
While purchasing we include cst in cost of item, while selling shall it be included in sales or shall it be bifurcated from sales?
If it shall be bifurcated from sales then , in which group shall it be included, in Duties & Taxes or in any other group?
previous yr i had expand excess amount as grant recieved but i forget to show assets for this amt.
so this f.y i have rec. grant than i reduce balance for it .
but my problem is that i debited to grant but i face problem to credited what a/c bec i not show as an assets for rs 1.0 lakh.
so what i do for reduce this grant.
please help us
as soon as possible and perfect solution give us to me.
thanks
IF I DEDUCTED TDS ON CONTRACTOR OR COMMISSION HOW DO I PAY TO THE GOVERNMENT
i DO NOT HAVE ANY TDS NO.
Dear Sir
How can i make a Bank Gurantee as an EMD of Rs. 5000 as per the customer's terms & conditions ?
As per SEBI new circular, commission or Fees on mutual funds cannot be deducted from the amount paid for purchase of MF. Thus, the banks are debiting the accounts for such commission or Fees.
My question is whether the above fees or commission should be shown under the Bank Charges or should be added to the cost of investment.
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Stock valuation