Sir,
My Co. want to declare interim dividend. Can you suggest me what entries I have to passed from proposed to payment of dividend.

I am working in a wholly owned subsidery which is wholly owned by a foreign company. We bill for them for the services provided. How do we account for the remittance received 1) Income 2) Inter-company transaction. 3) If "Income" are any taxes applicable on the Income received 2) If Intercompany then how to record those transations ? Please explain

Why it is necessary to maintain BRS? Give answer in weightage of 20 Marks Or with refrence to 20% Of Any exam.

Which AS deals with preoperative expenses?can anyone provide the guidance note on preoperative expenses issued by ICAI?

Hi experts,

Can anybody tell me that, What is "Dearness Allowance" and It's applicability..?

Thanks!
Vijay

Dear Sir,

We are following cash accounting system. We
do not maintain any balances of sundry debtors/sundry creditors. We book income/expensive as when is received/paid.My
question is if party ask for balance confirmation as 31/03/2009 and statement of account,what should I do?, should I give payment received/paid statement or statement of account(as per mercentile).

Please help.

Dear Sir,

We are following cash accounting system. We
do not maintain any balances of sundry debtors/sundry creditors. We book income/expensive as when is received/paid.My
question is if party ask for balance confirmation as 31/03/2009 and statement of account,what should I do?, should I give payment received/paid statement or statement of account(as per mercentile).

Please help.

We are exporter of utensils we have made invoice dated 31..03.09 but we have filed the shipping bill in april so please tell me in which month i will consider sale.

Thankyou so so much in advance

How we prepare a MIS Report if we have the Profit & Loss account of two consecutive month & management needs the performance of last month especially expenditure side.
is there any method specify

The closing Stock as on 31.03.08 was ascertained as physically counted. Thereafter sale retrun is received after 31.03.08 pertaining to sales made in the year 07-08.

An accountant adjusted the Sales Return against the Opening Stock of 1.04.08 however I am of the view that the Sales return should be adjusted against Closing STock Figure as on 31.03.08.

Pls. advie the correct treatment for Sales Return.