Dear all
plz tell me accounting treatment of expenses relating to the increase in Authorised Share Capital after the incorporation of company and also the expenses relating to the issue of share during any subsequent year of its incorporation
plz tell me that which documents are required for accounting of newly formed pvt. ltd. company
Hi
Please can you tell me Acquisition , Merger and DMerger
Thanks
Monia
Dear Sirs,
Can any one tel me that which particular method should be used for particular company like Manufacturing company/ Construction company/ Service industry?
Thanks,
Muntasir
Hi
customer invested 15 lacs FDR for one year @ 10.50% interest pa.,with HDFC Bank on 14-10-08
The bank deducted TDS Rs.9143/- & issued form 16A on accured interest Rs.80701/- during the fin.year 2008-09
+1500000+80701-9143 = closing bal.1577557
as at 31-3-09
Fin.year : 2009-10
but the fdr cancelled before due date ie., on 04-05-08. but gross interst earned only
Rs.67,200/-
Tax paid on 80701/- (during fy: 2008-09)
how can i make entries
In the banks balance sheets, the advances which were mentioned are Gross Advances or Net Advances? Definition of net advances is Gross advances – gross NPA.
What is the reason to build investment fluctuation reserve? What is the use for the same? How it can affect the profitability of the company? I mean if I have a investment fluctuation reserve can I set off any loss on investment against this and not taking the same to PL account.
A private comapny has been incorporated on 19th February, 2008 and it proposes to hold its first AGM in July, 2009. Will the final accounts be prepared from 19.02.2008 till 31.03.2009 or from 19.02.2008 till 31.03.2008 and then from 01.04.2008 to 31.03.2009. Kindly guide me in this regard and what about audit of accounts in this case?
Please clarify about stale cheque (i.e., one which exceeding six months for clearing) what is the reverse entry.
Please reply
Thanks,
Regards,
Ganesh.S
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Share issue expenses & Expenses relating to increase