Dear experts,

Please clarify a few of my concerns on IRR.

I know IRR is the discount rate that generates a zero net present value for a series of future cash flows. I read somewhere that IRR for an investment is the percentage rate earned on each Re invested for each period it is invested.

I want to konw the reason behind discounting the future cash flows.What purpose does it serve? At IRR NPV is 0 so doesnt it imply that there is neither profit nor loss

If IRR is 15% does it mean the company is earning 15% after recovering the cost of the project (initial outflow). Also, suppose the IRR for a project is 15% (for 5 years) does it mean that 15% return will be earned by the company over a period of 5 years or in each of the 5 years individually?

An early reply would be appreciated.

Thanks

The CEO has taken loan of RS.20000/- what entries i need to pass in the tally and He is not going to return this loan to company. So under what head of accounts i need to journalise the entry. Please tell me in detail.

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My Company is doing Business with E-Seva centres in different States.In e-seva centres there is a VLE(Village Level Enterprinure) we have a 105 VLEs in a District now we are paying amount for thier services like salary every month can I take that total amount as Salary or Operators payment(Ind Expe).Thanks in Advance.

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every company Is required to Foloow CSR Activity.

sir, company ki ak motor cycle ka accident ho gya to repair me 40000 Expence hua...
aur claim me 27000 mile to iski tally me entry kase hogi...

I have purchased a fixed asset of Rs.70000 of which Rs.20000 have been paid by HPCL to me for such purchase.
For what value i must record the fixed asset in my books whether full 70000 of 50000