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

Hi..
This is Neetal.
Plz help me
A company has deducted amount as penality for not performing duty well from a secutiry company bill
My question is how that amount which is deducted as penality should be treated or pass a entry in the books..

my query is " when a company operates 5 branches apart from head office and prepares a consolidated trial balance in excel by providing a set of debit and credit columns to each site / branch & HO and one set for consolidated TB. while doing so we show inter branch dr /cr balance in consolidated TB. what will be the accounting treatment in Balance Sheet for the same (will the balance will be shown in Balance sheet or not)"

We are working in a partnership firm,but PF is not deducted from our salary.If firm provide Diwali Bonus to employees. please inform under which head we can take this exp.
While FBT has been abolished, any other tax would be imposed on this exp?
Thanks

goods are dispatched through omx transportaion. it is transportation charges or fright please tell me which expense..........

Please Help
Please Help Please Help Please Help Please Help.


I AM Pursing MCom Part - I I Need The Notes Of Holding Company with lots of examples.

please don't tell the books i would like to have notes with lots of examples regaring minority interet & set off against majority interest. and many more regarding the holding company chapter notes & examples.

Please Help me.


A Kind Thanks TO All The Experts.

please help us
how to see the report in tally total debtor list and its total transaction during the year

What will be the entry for allowance of Price reduction of goods to Debtors?