Sir I want to know about Debit & Credit note its definitions & difference.

Dear sir/Madam Plz solve my problem i am accountant in NGO
Problem
On 31.3.09 bank Balance Rs 100000
on 31.3.09 advance to mr x 50000
i have joined the NGO from 1.4.09
1.4.09 Grant Received Rs 500000
3.4.09 Travelling allownce paid Rs 30000
30.4.09 Salary paid Rs 200000
MR X SETTLED ADV OF RS 5000 FOR FOOD ON 29.4.09
TRAIL BALANCE AFTER POSTING LEDGER ITS NOT TALLYIED PLESE HELP ME

TRAIL BALANCE AS ON 30.4.09 DR CR
CASH AT BANK 370000
GRANT RECEIVED 500000
SALARY 200000
TRAVELLING 30000
FOOD EXP 5000
MR X ADVANCE A/C 45000

GRAND TOTAL 605000 545000

what is "core current assets" in the chapter of working capital requirement ?

what is levered frirm & unlevered firm ?

dear sir

Pls clear

can i purchase a fixed assets in cash
and how much amount i can invest in cash
what loss i will get in the transaction

Permanent diffrence in not taken while calculating defererd tax(As-22) so how to so its effect. eg. Donation as per 80G 50% allowed, so in computation 50% is considered it mean there if diff. in computation as per Accouts income & taxable income. so how to show this effect in p & l or bal sheet

hi friends,
whether do we need to account the gain, arising because of reporting the monetary items at rate on b/s date(as per AS 11). If yes, is it not mean accounting unrealised Income. against the principle of :prudence".

I am a manufacturing company.I am using a ERP which i have capitalised in my books.With the help of my current EDP employees im programming a new software for past 3years. This year i have implemented the new software which is programmed by my employees. I have not spcifically incurred any cost towards the manufacture of this software.What is the accounting trearment should i provide for this. Should i capitalise it?If i have to capitalise it at which value should i capitalise it?

Can any one please help me to solve this:?

Q ltd is currently operating at 80% capacity level. The production under normal capacity level is Rs.1,50,000 units. The variable cost/unit is Rs.14 and the total fixed costs are Rs.8,00,000. If the company wants to earn a profit of Rs.4,00,000, then the price of the product/unit should be?

Can any one please help me to solve the given problem?:

The yield of certain process is 85%, by product is 10% and normal loss is 5% of its main product. 10,000 units of materials are put in the process and its cost is Rs.30/unit and other expenses amounted to Rs.25,400, 30% of which was accounted for by power cost. It is the practice of the company that the power cost is chargeable to the main-product and the by-product in the ratio of 5:3. The cost of the by-product is?