hi all,

a fixed asset was purchased i.e.29.11.2006 but due dispute with bank the paper of that asset was not received till 10.12.2007 know the problem is that how to enter that bill in the books of accounts in 2007-2008 yr.

Wheather we can claim Deprication and other repair & Running expenses on that asste in this 07-08 yr of 06-07.

Thanks & Regards
Vipan Kumar

If the dividend is declared after the bonus issue of the shares then on what amount of shares the dividend will be declared in the absence of any information given in the example.

what is the accounting treatment for building fund paid by an financial enterprise carrying on the business of lending money to its association and also the membership fee paid to become a member of the association ?

Whether administration overheads are included or not for the valuation of closing stock of finished goods.
Please give a detailed explanation probably with an illustration . I also want to you to prepare a cost sheet for the illustration.
I thank you in advance and please help urgently

Dear Sir,
We have invoiced to Foreign buyers in USD, AED & GBP. While we raise invoice we book sales and expenses in any at the rates CBEC rate of exchange of conversion of each of the foreign currency. At the time of payments realised in our foreign branch or else we received TT from buyer the rate at which it realised is taken into account in Tally9. Incase if we receive a TT from our foreign branch say $10000 @ 39-30 which is fully converted into our cc a/c or (EFC a/c maintained in USD) whether we have to credit the rate at which realised or avg rate or standard rate in order to tally
with Branch account maintained in india.
Further in EFC account in USD should be accounted in average rate or standard rate
prescribed by CBEC rate?

what aspect we should take in to account while finalising of the books of account of any limited listed company ,pls tell me whole phase

A newspaper company also operates private radio channel.
Does newspaper business and radio division are separate business segments as per AS17

We have estabishe a fish pond in our plant which is made up of Cement and its cost is around Rs.1.75 lac.

Can we treat it as our asset?
If yes, then please guide under which head Building and can we claim depreication on it?

hi,
Is logo design expenses is covered under AS 26. Can it be capitalised.

What will be the accounting treatement of expenses incurred while issuing FCCB bonds. Expenses like obtaining and paying fees to professional bodies and govt insitution (BSE & NSE, CA, CS )