Suppose, I have a contract to sell 10000 units of goods @ Rs.40/- p.u. and at the year end I have 6000 units in hand. Now at what price I will value the inventory at the year end if its Cost is Rs.45 and its market NRV is Rs.44.
What will be your answer if contract price becomes Rs.46/-?

Hi,

I have to give presentation on our GL team which include following points:
• Activities handled
• Regions handled
• Team structure
• Volume handled
• Process changes since last month
• New processes in transition phase
• New joinees
• Challenges
• Process improvements

Can u pls provide me any format for this presentation.

What will be the appropriate accounting head for purchase of Router Firewall and Modem.

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