Hello Sir,
Recruitment expense of $45000 in june 09.
can i record this expense in jun 09 or divide into months for whole year. (Jun 09 to Dec 09).

Please give your reply as soon as possible
My mail Id is rathodkamlesh2@ymail.com

Thanks
Kamlesh

what is patents

Pls sirs,
what kind of Accounting Methods we have to followed in Grain Provision Store ?
Are they have to Maintain Stock every Month or Yearly ? bcs they have many items in their Shop.
How we can do this Accounting Systemetic ?
Which Entries we have to do correctly in this type of Accounting ?

Thanks in Advnace

Hi all

All commercial, industrial and business reporting enterprises,
whose turnover for the immediately preceding accounting
period on the basis of audited financial statements exceeds
Rs. 50 crore. Turnover does not include ‘other income’.In many of the accounting standarda he use this sentence..In this can u tell what is BUSINESS REPORTING ENTERPRISES..I asked this question for many of my friends but no one replied..Pls help on this

thank u

how can calculate the average rate of USD for the year 2008-2009.

Pls tell me on Cement Purchase
Payment of Excise and also Freight Charges,
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
How take entry of Excise,VAT & Freight Charge ?
If this Credit Refundable or not ?
& what about credit note given by seller ?

pls help me in this confusion.

thanks for your advise in advance

why it is called a fixed asset and diff bw fixed and floating asset

Dear All
Iam accounting a propritery manufacturing company (SSI)the firm purchase raw material & sale finish goods.The diff in sale & purchase tax is paid as vat.

the firm has purchase a machinery can the propriter take setoff on vat paid on machinery.

The Firm purchase oil for machinery if i account oil as direct expenses can the vat paid on oil be clamed.

the firm purchase rawmaterial from Interstate can the CST paid on purchase adjusted against vat payable.

Regards

which losses are covered under section 72 as business speculation losses??

Dear sir/s
what is the right entry of Insurance Premium of any Individual having Profit/income from Business/Profession ?
1) Do we take LI Prem to Capital A/c ? Can We reduced the account of Capital ?
Pls tell me which is right
(A) Capital A/c Dr.
Cash/Bank Cr.
(Nr. Payment of Insuarnce Premium)
(B) Insurance Premium (Assets) Dr.
Cash/Bank Cr.
(Nr. Payment of Insuarnce Premium)

Afterthen Pls tell me if Insurance Premium for ULIP Plan and we will be refundable the amount after the Maturity of Plan when we have to take those amount in Entry.

Most imp :- Pls tell me where we have to take the Premium Payment Amount & Refunded Amount Difference in Accounts on the above case.

Pls guide me in that matter
pls send me any file on my emil ID related to this Query
my Email ID is murtaza_bhagat786@rediffmail.com

Thanks for your advise in Advance