as per new act dep is charged on carrying amount of assets on 31/3/2014.what will happen if new assets is purchased during FY 14-15 OR addition made to assets existing on 31/3/2014.

what will be the amount on which depreciation is charged for balance sheet of FY 14-15.

MY FIRST QUERY IS: WHEN SHARE APPLICATION MONEY IS PAID TO COMPANY THROUGH BANK THEN IN THE BOOKS OF PAYER OF APPLICATION MONEY BANK ACCOUNT WILL BE CREDIT BUT WHICH ACCOUNT SHOULD BE DEBITED?

2nd - WHAT IS THE MEANING OF "FRAMEWORK FOR PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS" ISSUED BY ICAI? WHY ICAI HAS CONSIDERED NECESSARY TO ISSUE IT?

A company's main business is Financial consultancy service. But they also trade in shares. My doubt is whether it is to be treated as investment and value as per AS-13 or or to be treated as stock in trade. If stock in trade then how to value it either as per AS-2 or ICDS-VIII Valuation of Securities. Please reply urgently.

I'm a cpt student who is going to appear for the exams after 3 days. In calculation of goodwill do we consider non-recurring profits or we subtract them from the net profits when we are calculating goodwill by capitalisation under super profit method. I have not been able to understand the logic so please do help thank you.

Depreciation as per company act
whether while calculating depreciation as per company act sunday and other holiday shall be excluded to calculate depreciation on day basis,

what is dabit and credit?

dear sir
i would like know some entries of service tax to maintain a account.....................

Hello Everyone!

Can anyone please explain when does a contingent liability become a provision with an example?

Thank You!

SALES DONE IN 2nd FEBRUARY AND IT RETURNED IN MAY BUT CREDIT NOTE RAISED ON 31st MARCH.
SO PLEASE SIR LET ME SUGGEST WHETHER IT IS VALID TO RAISE CREDIT NOTE IN MARCH AND GOODS RETURNED IN MAY????

Hello sir, is there any age limit to complete CA..Do the companies also look at the age factor to recruit a CA..is it of great importance..?people who complete CA at their age of 30 get good salary..with very good marks in their exams..possibly a rank..?