sir water dipensor is fixed assaet or not pls tell me .............

we are c&F agent & distributor firm of petroleum company.we receive commission from petroleum company.we are also reimbursed for expenses by petroleum company.i want to know whether we can show that reimbursement as income in account books or whether it is a expense.i show reimbursement as expense. i have opened reimbursement expenses a/c.

Hello

A company has paid advance salary to its employees. Should TDS be deducted on the same.

Further, is advance salary allowable expenditure in the year of payment for the company.

Regards,
Jyoti

Hi
what is deferred expenditure and if company spend 200000 on deferred expendture and want to write of with 4 years what would be journal enteries every years. Please tell me

Monia

Hi
what is ficitious asset and examples.

Monia

I would like to know whether there is any content avalaible on this site regarding comparison of accounting stds and ifrs or any notes regarding IFRS.

Thanking you,

DEAR ALL

AN ASSESSEE RECEIVED A AMOUNT RECEIVED FROM ONE PERSON RS. 500000 ASSESSEE WAS USED 100000 FOR PERSONAL USE AND 400000 FOR BUSINESS USE SO IN THIS SITUATION PARTY IS CREDITOR OR UNSECURED LOAN

HOW TO CLASSIFIED CREDITOR AND UNSECURED LOANS

PLEASE TELL
THANKS IN ADVANCE

in cost accounts the formula for inventory turnover formula is - materials consumed/average inventory. but in F.M in ratio analysis topic most of the books say that inventory turnover ratio is - cost of goods sold/avg inventory.

the two formulas will yieid diff. results.!
so which 1 is correct?

plz answer

HELLO

WHAT ARE THE PROCEDURES AND ACCOUNTING ADJUSTMENTS TO BE DONE IN CASE OF A COMPANY WHICH IS APPLYING DEPRECIATION AS PER COMPANIES ACT IN PREPARATION OF ANNUAL ACCOUNTS SINCE 14 YEARS AND NOW WANTS TO CHANGE THE METHOD OF DEPRECIATION TO AS PER I.T.ACT SINCE 01.04.2009 WHILE PREPARING ANNUAL ACCOUNTS.

REGARDS,
JYOTI

I dont have so much money to purchase tally 9ERP. So how can i get the tally 9EPR. I m doint parttime at gurgaon. and i received a small dealer work whose last accounts in TALLY ERP New version and i dont have. So i m facing problems. My email id is sunil_1308@yahoo.com

If someone has then please help me.
thanks