Hi

what is the meaning of cost center and profit center. please explain with an example

Dear Friends

Following is the description on the bill
"Imagery illustrating the unique features, interiors, brands, food, moods, people etc"
it involves photography, post production for images
Whether TDS should be of Contract (i.e. 2.266 194C) or on profession (i.e. 11.33 194J)

Please any one help me

Hi


What is a revenue reserve and capital reserve can you explain me with an example

hi

What is a operating expenses and operating income

Hello,

Please suggest me the best book Of Accounts for PCC prepration.Plz Plz Plz

We are service provider. During the course we provide some services to clients F.O.C (complimentary).
How we treat the same in accounts. Whether we should books the services and then write off the debtors.
Or
Directly booked the same as expense in business promotion

Regards

Yogesh gupta

Sir,

What do you mean bad debts written off? can u give me a example with journal entry

What is the law governing a captive power plant?

is there a guidance note or notification etc which prescribes the accounting policies to be adhered to by a company operating & maintaining a captive power plant, what if the power plant is one of the many divisions of the company.

A company availing deduction under 80 IA of the IT Act will still be required to pay MAT, what about the MAT credit treatment, what will be the MAT credit in such a case

There is a Trust which makes Long Term Investments in MUF.The Company purchases the units at a premium. What is the accounting treatment for the premium paid on purchase of Investment? Should it be added to the Cost of the Investment(AS-13) or should it be amortised over the life of the Investment?Plz reply

Thank U

is Depreciation can be adjusted with share application money when in last few years no depreciation has been charged and company has no Retained earnings. (and also if company take the court approval to do so).Advice us.