I am having a practical Question that if any person (A) having a joint bank A/c with his wife (B).

(A) is husband and
(B) is wife

If A doing a business and all his business related entries was come in his joint bank A/c,

and

B receive one chaque from her friend amounted Rs. 4,30,000 in her joint A/c and she (B) paid that amount to purchase a house property. The house property was on her name.

My Question is how should i entered in to Mr A's A/c. Mrs. B's accounts was not being written, because she haven't need for it.

I am working in paper manufacturing co.

please solve my probles :-

amount 50000/- finished goods rejected due to rain.

what will be financial entry of 50000/-

Above material is not return from debtors,its lossed in co.store & its already taken in excis record, its loss so i have to reversed excise duty.so please pass journal entry.

Dear Sir,

Can we file revised return of vat Audit report for f.y.2007-08 in Dadra & Nagar Haveli? If it is, what is the due date for filing revised vat audit report for f.y.2007-08 of Dadra & Nagar Haveli? beyond due date what will be the penalty.

Please guide us.

Thanks,
Sachin

What treatment must be given to exchange difference arising at the time acquiring Fixed Assets.
As per Revised AS-11, this must be routed through P & L A/c.
But as per Companys Act, this must be adjusted to the cost of Assets.
However, As prevail Companys Act.
Can you just clarify this?
However, AS 11 is silent on whether the exchange difference arising before capitalistion (i.e. if any advance payment is made) or after capitalisation (i.e. final settlement done after capiatalisation) difference must be routed through p& L A/c. So, does AS-11 mean that both must be routed through P & L A/c or only post or only pre capitalistion must be routed through P & L A/c

What treatment must be given to exchange difference arising at the time acquiring Fixed Assets.
As per Revised AS-11, this must be routed through P & L A/c.
But as per Companys Act, this must be adjusted to the cost of Assets.
However, As prevail Companys Act.
Can you just clarify this?
However, AS 11 is silent on whether the exchange difference arising before capitalistion (i.e. if any advance payment is made) or after capitalisation (i.e. final settlement done after capiatalisation) difference must be routed through p& L A/c. So, does AS-11 mean that both must be routed through P & L A/c or only post or only pre capitalistion must be routed through P & L A/c

I have taken one domain address i.e web address at Rs. 1,30,000. This is one time settlement. No further charges were payable by me.
can we caspitalize the same or not?

Sir,

One of our Clients’ is using Straight Line Method of Depreciation as per Companies Law. This is the second year of their business. They have debited a portion of the asset with a certain sum of money and we are treating it as deletion. Now, how should we calculate depreciation for the deleted asset under SLM ?

Dear All,

Give me
1. I am working in a trading firm and there are about 25 employees.
what is simple way of salary calculation.

2. Performa of monthly salary sleep.

Dear All

Give a performa of balance confirmation form debtors/creditors as on 31.03.09

Harish

sir my client is IOCL mathura refinery, they are not capitalising RO plant as a single plant & machinery. they are capitalising it in sub parts saying that all its components are seperately identifiable. Is it a right accounting treatment?