For whom is it necessary to maintain books of Accounts?

what is manufacturing , Which Good include in this co. like trading material,

My Question is whether there is any legal problem if we show imprest account in balance sheet.

Hi,

Can someone tell me what all documents to refer for point of recognition of sale.

Actually in case of domestic sales, we consider the point of despatch as revenue recognition point.What is the logic? Is it correct as per IFRS and Indian GAAP?

For export sales, for CIF sales, we reverse the sales for which Bill of Lading is not yet made. I want to know the correctness and logic for this as well.

If someone can urgently respond on this, thanks

land is in dispute (dealt by High
Court). But sale deeds are clearly specified in our name. Advocate
informed us the source document to recognize the asset in our books is
sale deed. Hence we can recognize the asset in our books with a notes
on accounts indicating dispute on land at High court.
My question is whether i will so that land in my books of accounts if yes what will be the treatment.

Another qouestion what will be the profit or loss if i court final decision will go in my fabour or not and say the treatment

Profit on sale of an asset, to the extent of the depreciation charged off till the date of sale is to be credited to P&L and the balance credited to Capital Reserve.


IS THIS CORRECT??? Where at all in companies Act do we find such a provision??

Kindly help me out!! and fast!!

ABC company is make investment RS 1000 crores in XYZ company and PQR is holding company of ABC
PQR merge it self XYZ so indirectly subsidary company get investment in subsidary company.
PLZ tel what entry required to pass in the book of ABC Ltd.

Whether provision for filing fees required for filing of Annual Return & Annual Accounts of Financial year in the same f.y?

State with reasons whether the following statements are true or false
(i) Errors of omission will not affect Trial balance
(ii) Piece rate method can be adopted in any industry.
(iii) Credit sale of stationery by Bombay Stationery Mart will be recorded in
Sales book.
(iv) Fixed cost per unit changes and variable cost per unit is same.
(v) The entry for bill of exchange discounted with the bank is passed in the
books of drawee of the bill.

Hello Sir/Madam,

ARE THE FOLLOWING RELATED PARTY TRANSACTIONS as per AS-18:

Preliminary expenses incurred by the promoters of the new company, who after incorporation become directors and shareholders of the company.

Brokerage earned by a stock broking company due to trading of shares on NSE/BSE by its related parties on their own account.

Thanks & Regards,
Jyoti Baid