Sir,
the fixed asset is imported in December 2007 and is capitalised at the exchange rate prevailing on the date of bill of entry. The purchase consideration is payable only after 180 days. when the balance sheet is prepared, the current liabilities and the fixed assets have been shown at the rate as on 31.03.08 and the difference is adjusted to Fixed assets and taken to P&L account. Depreciation also adjusted accordingly. Is this entry correct?

Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?

company name = X ltd.
Nature of deposit/advance = in cash/bank

If company contributed premiuum on group Gratuity Cash Accumilation scheme framed by the LIC
Is it consider as defined benefit plan or defined contribution plan

A company have no investments for meeting its future liability regarding Earned leave
what is the logic behind on treating benefits already paid as a Acturial Gain on plan assets in addition to that it will reduce expenses amount that should be recognised in P& L A/c

Hi.

Please any one tell me Total balance sheet Balance Sheet Schedules details.

Hi friends ,

First warm morning to all .

Let me know what is the treatment to be given in the books if investments are made through PORTFOLIO MANAGEMENT SERVICES ( P M S ) . P M S is outside third party providing professional services in respect of managing Portfolio.

Quote Accounting Standard / Guidance Notes , if applicable.

Advance Thanks

An investor proposes to invest in a project with the condition that his investment should appreciate at an IRR of 35%.
How much would one crore be under the above parameters at the end of 12 months, 24 months, 36 months and 48 months

hi all,
Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?

company name = X ltd.
Nature of deposit/advance = in cash/bank

HI FRIENDS

HOW U WILL DO ACCOUNTING OF OF LIFETIME PREPAID SCHEME IN TELECOMM COMPANIES AS INCOME BOOKEDIN ONE YEAR OR IT PARTLY BOOKED IN DEPOSIT & PARTLY BOOKED AS INCOME

PLEASE SOLVED MY QURIES

THANKING YOU

I want to know,if one company has branches and in both H.O and Branch sales are made along with transfer from head office,than in the consolidated balance sheet whether both the H.O and Brnach Stock transfer will come or not.
if they will come than the sales becames doubled.so ehat is the correct procedure for that?