when loan to be taken from the bank than is closing stock to be valued at cost for calculation of profit to be disclosed to banks overuling the principle that stock should be valued at cost or nrv whichever is less.

can anyone tell me, how is Carrer in Accoutancy as i have done...b.com and MBA in finance.?? how much salary i can earn?

why we add brokerage in purchase and deduct brokerage from sales please suggest me with suitable example.

Please suggest me the important topics of accounting for IPCC

suppose for eg. Mr A is paying house rent for Rs 2,40,000 annually to Mr B . In these case both of them are individuals. is tds to be deducted by Mr A while making payment to Mr B as it has crossed the threshold limit of Rs 1,80,000. And apart from this Mr A is not holding tan no. please kindly clarify me in simple language and not in legal language.

individual underwriting mean ???

Machine Purchase for Cash 4000 and Installation Charges paid 1000. Complete Journal Entry?

what is the difference between accrued expenses and outstanding expenses

A Co has got some advances from some of their clients - but ultimately such deal has not been finalized & as per the terms such clients also has not demanded the advance amount back - presently such amounts are shown as advance from clients in to the Balance Sheet - now there is no chance of refunding such amount & also no sale will be booked - then what to do, the amount is a sizable amount in comparison with the Sale of the Co.
Pls Advise

Dear Expert,

Please help me with depreciation part while preparing balance sheet. Till time our company has been providing depreciation as per old companies act. Now they want to switch to new companies act'13.
1. Is it ok to now switch to companies act 2013 for new rates, new useful life etc?
2. Can you please provide any excel which shows how to calculate depreciation as per co. act 2013
3. Can we take rates as per the schedule or do we actually need to check remaining useful asset life and then re calculate rates.

Please explain how companies in general prepare depreciation schedule.