Aditi Aggarwal
07 June 2014 at 10:18

Quantitative aptitude

If 10 coins are tossed 100 times, how many times would you expect 7 coins to fall head upward


Darshan Sheth
07 June 2014 at 09:53

Cs internship

Sir,Do i require to do inrernship in CS if I am pursuing articleship in CA


MANAN VORA

Dear All,

We are manufacturing company in Gujarat.We have depots outside Gujarat i.e. in other states.We are transferring stock to depot as Stock Transfer and Depots are selling material onwards.

Now the question is the ITC Disallowed due to Branch Transfer and OGS Sale will be part of Production Cost.

When we will do valuation of Finished goods,whether it will be part of cost or not.

Thnks.


Ajay shivnarayan pandey
06 June 2014 at 20:11

Lc,lg and cc,od,ca etc

Pls tell me difference between lc and lg,cc and od,ca ?



Anonymous
06 June 2014 at 17:13

Issue of shares

kirti mehta ltd issue 30000 equity shares of rs 10
application - Rs 5 including premium rs.2
allotment- Rs.4
on call Rs.3
application were recd for 40000 shares,
the pro-rata were made,
Mr. satyan holdings 75 shares failed to pay allotment money
what will be the entry on share forfieture.


Nitesh Parmar
06 June 2014 at 16:41

Government accounting

Dear,
one government department like forest department received grants for some project, out of which they purchased some assets like vehicle. my question is that can depreciation be calculated on such? if yes then please provide rate. and please suggest any accounting standard for the accounting of such grant received by government department.


optimist
06 June 2014 at 15:50

Profit & loss account


Dear Sir,

How to prepare monthly P&L A/C


vivek
06 June 2014 at 15:31

Accounting of loss by fire

if goods loss by fire as on 25th march 2014 which cost of Rs.10000 and company claim the loss for the same to the insurance company but till the closing of the account i.e. 31st march 2014 company does not know how much insurance claim have to be received from the insurance company.
so please tell me entry as on 31st march 2014.


Neha Jain
06 June 2014 at 12:31

Capitalisation

Hello sir/mam,

There is expenses of rs.17250 for removal of electric fittings and wirings from one office and other expenses is of rs.25500 for electric fittings and wirings in other office.
What should be the treatment of these expenses.


ABHIJIT BORAH
06 June 2014 at 12:25

Provision for depreciation

i used to get confused regarding provision for depreciation and asset disposal.. can any1 pls guide me to understand what r dis n how it is calculated namely- 1) provision for depreciation 2) asset disposal






CCI Pro



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