How to deduct Pro rate basic for moisture in coal. Allowed moisture is 7.5/% actual moisture is 8.76% Rate for Coal per Mt is Rs 2300/-

Please help

Dear Sir

I want to know Calculation and Accounting Entries of PF and ESI
Please tell me with illustration.

Thanking You:-

my client (an interior designer) has incurred expenditure of Rs. 5 Lakh on development of portal. In income tax, it will be treated as intangible assets and will be eligible for depreiation @ of 25%. As per As-26 what should be treament in books of accounts. Can we decide to write off in less than 10 years. or is their any other treatment.

Dear Sir Nd Friends ,

while valuing the Creditors at the end of the financial year at the closing rates of currency the company reports a foreign exchange loss , wat wud b the effect of this loss on the o/s balance of creditors , will it b added to their balances nd then shown in the b/s ?

thnx in advance .

Suppose i have Rs5lakhs worth of gold and now i give it on a monthly rent to a firm. Now when the firm sells it it will increase its profit. Now the profit stated is not correct what will be the treatment in my books and in firms books should i record notional purchase at market value

Dear Sirs,

Does purchase of licensed software come under ASSETS? If so, is depreciation allowed on that?

If they do not come under assets? can they be treated as business expenditure?

Kindly let me know.

Regards,

Rajesh

Dear Sir,

Pl confirm what you meaning of deferred revenue

Thanks & Regards
Radhakrishnan.G

sir in finalling account of individual LIC Premium were i show my senior told me to show it as indirect expenses on p&L a/c but he has no buisness at all plz help i Know it is an personal expenses so,i want it to show on drawing

which date is relevant for calculation of depreciation - Acquisition date or Installation date or put to use date

we are distributor firm.we are having brach at baddi & mhl.Every month we send money to depot manager at baddi under imprest a/c depot manager.i wnat to know,this imprest a/c will come under which heading indirect expenses or sundry creditors.