Dear Guru
Asset was commissioned in 2012 but not accounted in books during Asset verification in 2014 asset was found as not accounted in books how treat the depreciation
Options:
1) Calculating depreciation from 2012 to 2014 and charging it in current year
2) Charging depreciation in remaing life of the asset
3) Any other way.
Please
I m planning to buy scanner for Finsncial reporting !.!Is it worth buying it ?.?Please let me know
Dear experts
A client of mine a .com company was incorporated during the start of 2013. Till date the company has not started revenue generation. The company is still in the process of developing their website by feeding data and marketing for customers. Kindly help me out with the accounting treatment of expenses incurred like rent, salary etc., till date.
friends, pls tell me company balance sheet is rounded off to nearest 100 or 1000 or 100000 rs.
In which Head the creditor will be shown in balance sheet if he is paid in excess of payment due from him and account books shows debit balance at the end of financial year.
Dear Sir,
i want to know, treatment for foreign exchange fluctuation rate. One of the client has a bill say in $ on 20th march 2014 but it is not realised on or before 2014. how can we treat this? if we made any provision in final statement for foreign exchange rate fluctuation? how this provision is made? what AS 11 says?? please help me
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