Dear Sirs,

If we are running facory on rented primises should expenditure made to construct the addittional store room within the rented primises shoul the expenditure made capitalise or debited to profit & loss account ?

Please advice.

thanks,

Chintan

I m a service provider to a wharehouse where i reimbursed my expenses which i incurred on behalf of my client. my Que is that what JV i pass in my books of accounts.
(1. i had pais salary Rs 250000/- in which Rs. 180000/- should be reimbursed from my client, same repair expenses 145000/- from which 85000/- belongs to client.

2. i raise the bill of my services regarding the above expenses which i have incurred.by charging ser. tax with my service tax.

i m registered in ser tax.

hiiiiii
i m pcc student {june 09 attempt}
can u plz tell me
purchase consideration can be in terms of debentures or not????

or in terms of cash, equity shares and pref shares only


please reply

i m doing revision of this chapters

what is the difference betn the provision and accrual.

Dear Sir,

we are just make a HUF and going to trading of computer. company name should be XYZ HUF OR CAN BE XYZ ONLY.

2. After Death of Karta who will be karta, HUF is dissolve or new KARTA IS HIS SON,
3. IF FIRM WILL DISSOLVE THEN WHO WILL HEAND HOVER ASSETS AND LIABILITY.

during the year our company chandged the method of depreciation from WDV to SLM. Due to this, there was a depreciation writtern back (which is more than the current year depreciation). on account of this the income (i,e writtern back) is substantial. How we should present the same in the face of the profit and loss account.

Note
The reversal is almost double the current year depreciation.
Regards
P.Mohanraj

during the year our company chandged the method of depreciation from WDV to SLM. Due to this, there was a depreciation writtern back (which is more than the current year depreciation). on account of this the income (i,e writtern back) is substantial. How we should present the same in the face of the profit and loss account.

Note
The reversal is almost double the current year depreciation.
Regards
P.Mohanraj

We was purchase an asset worth rs.1,00,000.00
The Vendor Grant Us Rs.50000/- as a 10 installments of Rs.5000/- each

Vendor setoff this instalment amount in our bill (he provide us AMC service)

What Should We Tretment About this transaction in regard to depriciation & Book Expenses.

Whether the asset fully depreciated and the asset existed on the date, to be removed from the asset register or can it be continued in the register as assets.
And if the asset is discarded or worn out due to time factor, has to be removed from asset register, its depreciation is till to be claimed?

Dear Sir Plz help me how should i take entery in my office contrct salary will issue Rs 50000 for X agency in that Rs 1000 deducted for TDS on 15.2.09 But TDS Amount Remited on 22.2.09 to Bank i have taken in cash book on 15.2.09 contract Salary A/c dr Rs 49000 to Bank A/c & TDS Payable A/c Dr 1000 to Bank A/c 1000 is it wirte plz give example