Accounts QnA - Page No 1758

All Resolved Open

CA Tejas Andharia

29 September 2007 at 10:12

Treatment of retired parter's balance

If one of the three partners retires, then under which head his creidt balance should be shown ? (1) Unsecured Loan (2) Current Liabilities. Please give the answer with reasons and considering the effects of Sections 269SS and 269T of Income Tax Act, 1961.

Ajay

28 September 2007 at 15:37

Income & Revenue

What is the difference between income & revenue

kureen

26 September 2007 at 12:23

MAT Credit in balance sheet

Would we show MAT credit recoverable in the balance sheet?
Please support your answer with reasons.

rahul

22 September 2007 at 10:28

regarding foreign exch. treatment on fixed assets

whether foreign exchange gain or loss arise on foreign exchange liability on fixed assets is debited or credited to p&l a/c or to fixed assets a/c.

Baljinder Singh

21 September 2007 at 13:30

TDS on supply of Tea to factory

Sir,

Is our liable to deduct tds on supply of tea by tea vendor to our factory staff & workers. His monthly bill around Rs.50000/-. Pls advise us.

Regards,

Baljinder Singh

rakesh

21 September 2007 at 13:14

depreciation/amortisation of intangible asset

wheather expenditure on software of considerable amount is to be capitalised or treated as revenue expenditure? if it is to be capitalised then what rate the companies act prescribes?

praveen

20 September 2007 at 09:24

company accounts

How to prepare well for consolidation of accounts, amalgamation and valuation of goodwill and shares

rahul

19 September 2007 at 16:40

prior period exp

if a employee goes for official work to outstation.he went in march2007 but comes on april 2007. he submitted his TA bill in april. the expenses related to march 2007 is booked in april 2007. whether it is prir period exp. or not? he did not took any advance from office.

Ajay

18 September 2007 at 19:36

Duty & Taxes

What treatment of Duty & Taxes in account book of company

praveen

18 September 2007 at 09:36

amalgamation

hello friends, i have a problem in finding out whether the consideration is in net payment method or net asset method because in net payment method you cannot take assets and liabilities. I am in great confusion please help me