Which books should i use to prepair accounts, Financial Management for CA Final..

Dear Sir/Madam,

I have one query now I am doing accounting,

our office have office insurance Rs.6,590/- and our office assistant accident insurance Rs.165/- for one year premium. please tell me how the amount calculate on above mentioned insurance prepaid insurance for my knowledge.

Thanks,

Poonam

DEAR SIR/S

I HAVE AN DOUBT REG.THE FOLLOWING KINDLY CLARIFY THE SAME:

IF A VEHICLE PURCHASED FOR 5 LAKHS(ASSUMED) AND GONE FOR FINANCE FOR 5 LAKHS AND 2 LAKHS INT.FOR 36 MONTHS. WHILE PASSING THE ENTRY SHALL I CAPTLAISED THE INTERST TO VEHICLE ACCOUNT ? i.e VEHICLE A/C DR 7.00LAKHS TO FINANCE COMPANY A/C 7.00LAKHS THEN ,AS PER THE ABOVE ENTRY IAM ELIGIBEL TO CLAIM DEPRECIATION ON 7.00LAKHS ISNT NOT?

OR SHALL I SEPARATE THE INT.PART?AND TO CLAIM FIN.CHGS. FOR 12 MONTHS .

PL.CLARIFY

THANKS & REGARDS

PRABHAKAR.

DEAR SIR/S,

IF A PARTY GAVE ONE CHQ.FOR RS.100000 AND DEPOSITED IN BANK AND BOUNCED. WHILE PASSING THE ENTRIES RECIPT OF CHQ. IS BANK A/C DEBIT & PARTY A/C CREDITED.

WHILE CHQ.BOUNCED SHALL I PASS THE PAYMENT ENTRY OR JOURNAL VOUCHER AND HOW TO PASS.

KINDLY CLARIFY

THANKS®ARDS

PRABHAKAR

Dear Experts,

Please tell me in detail:
1)What is E1 Sales?
2)What is E1 Form?

Can you please guide me how to prepare for CA Final Cost Account papaer. I am always getting the marks between 35-45 after trying so well from my side.
I am right now working can you please suggest the suitable study plan for COst Accounts.
Waiting eagerly for your reply.

Dear Experts,
Kindly advice me in the following situation.
A private limited compnay has been registered in December 2008. For the year 2008-09 there was no operations and consequently no expenses incurred except preliminary expenses. The issue is that the capital is not yet introduced in the company. How should we finalise the accounts as on 31/03/09. If it is not necessary to finalise the accounts as on 31/03/09 under Companies Act as there is a relaxation in the first year, how to go ahead with finalisation for taxation purposes?

A minor construction work completed on 12.08.2009. Invoice raised on company dated 16.08.2009 and it reaceived by the company on 22.08.2009. On which date expenditure will be booked in Accounts?

WE MAKE A EXPORT SALE (USA) OF $106848
BUT IN OUR CURRENCY INVOICE MADE RS.52,67,640/-
& PARTY SEND US A DOLLORS 3 TIMES.
1. ADVANCE $21365 @ RS.49.16 i.e. RS.10,50,284.74
2. AFTER SALE $74786 @ RS.48.73 i.e. RS.36,44,302.29
3. & LAST $10680 @ RS.47.89 i.e. RS.51,14,55.62

NOW AT THE LAST IN OUR ACCOUNT SHOWS OUTSTANDING OF RS.61,598.35

I WANT TO CAN I WRITE OFF THIS AMOUNT?
IF YES, TELL ME UNDER WHICH ACCOUNT HEAD?
IF NO, TELL ME WHAT I DO WITH THIS FIGURE?
TELL ME JOURNAL ENTRY WHICH I WILL USED IN TALLY.

Dear sir,

We are receiving quarterly interest income from the fixed deposit made in the name of our organisation.

The interest income is disclosed in the finacial statement at the net of TDS u/s 194A. Rs. 79.40 is only disclosed in the books. Balance of Rs. 20.60 is disclosed at the year end on the receipt of TDS certifcate issued by the Bankers.

As per the AS 13 the interest income should be disclosed at the gross income basis.

Pls guide me the accounting entries to be passed on the quarterly basis & the disclosure requirement as per the AS 13.

with regards,

R. Gurucharan.