Santhosh Ganesh
03 November 2014 at 12:52

Capitive consumption and sale value

A company producing Item A and consumes for its own use & it is selling the same to outsiders also.

If item A is an Non Excisible item then should we include the said capitively consumed value in computing the net sales heading of the P&L Account? which is filed to RoC and IT and Annual report

will the stand differ if the ITEM A is Excisibel


CA Roshan Jha
03 November 2014 at 11:46

Accounting entry for creditors

Dear Sir/Madam,
In last year as per the discussion with client some creditor's balances were written back. But in current year the payment is made to such creditors. Than how to balance such creditors, as it will be showing debit balance of creditors with such payment amount at the end of current year.

Thanks in Advance.


Saf
02 November 2014 at 23:27

Depreciation

If a machine was bought on January 1st,2010 but was erected/installed on September 30th,2010,how depreciation should be charged?Books are closed on December 31st every year.Should depreciation be charged from January i.e.whn machine was purchased or frm September 30 i.e.whn machine was installed?


Saf
02 November 2014 at 23:08

Depriciation

If a machine was bought on January 1st,2010 but was erected/installed on September 30th,2010,how depreciation should be charged?Books are closed on December 31st every year.Should depreciation be charged from January i.e.whn machine was purchased or frm September 30 i.e.whn machine was installed?


NAGA CHAKRA SRINU MAJJI
01 November 2014 at 16:57

Cma

Sir,

Can you please clarify on CMA data, what is the CMA data and what bankers are analyses in that and how to make projections etc.


Thanking you
M.N.Ch.Srinivas


shikha
31 October 2014 at 11:21

Asset received as a free gift

respected sir/ madam,

i would like to know the accounting treatment for for this :


santosh
30 October 2014 at 21:33

Icwa

my age is 24 i recently took admission to icwa,i have done job in sales Field i want make career in account field so will it be helpfull?


Deepika Ramchandani

plz provide me summary of case studies of idt if ca final. ..relevant for nov 14 exams also the link of latest rtp of group two for nov 14


sagar parakh
29 October 2014 at 15:54

Director

Is director an employee of a company ?? if yes,then whether he/she shall be included in salary sheet (payroll) ? thanks In advance :)


J rajeswari
29 October 2014 at 15:34

Accounts payble

telephone bill period is last year and bill date is present year which year we consider as per accounting rules






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