Respected Expert,
Pls give the Guidence about the following situation.
EX. Ihave one asset which hase useful life of 5 yrs. Now i purchase some part of this asset which hase useful life if 10 yrs.
Whether i have to disclose it under seperate heading or not?
If i want to disclose it under the same head then how can i diclose it?
Thank You.

how to make journal entry for salary paid to partners?

how to get articlship in ca firms in cp new delhi

difference between GM and AGM

Require Treatment of Scrap Generated from raw material having very low market price in order to find the Raw Material Consumed.

I am Accountant Small proprietor ship units.
business loan in icici bank 800000.00 , but credit in bank 782022. please entry in books .

Hello Everyone!
Can anyone please let me know the basic purpose of creating Sinking Fund?
How does it help in redemption of debentures?
Would it not enough to just invest some money (sinking fund investment)?why SF then?
Sinking Fund just ensures that the money does not flow out of the company in the form of dividends (pls correct me if i am wrong)
but does not ensure ceasing of outflow other than in the form of dividends,isn't it?

In short...please explain how does sinking fund work?

-Thanking You in advance!!!

we have deducted tds on of 200 u/s 194 - c on 10/07/2013 still we have not paid tds suppose we paid tds on07/12/2013. pls inform interest is applicable for how many month.and if we paid tds on 08/12/2013.

Sir,
I have to make entry of TDS Intrest panalty
please explain me the entry

E.g
Intrest A/c Dr (Under - Indirect exp..or it would be Dutiese & Taxes)
Pl explain me
Thanks

Dear Experts

Please tell me how to calculate gross profit ratio and margin. what item to be covered in gross profit ? Shall i take net profit for calculating Gp Ratio and gp margin. Please tell me its very urgent