Anonymous
14 November 2013 at 20:26

Building improvement

dear sir
if we spent some amount for building improvement,that should be added to a capital account or not



Anonymous
14 November 2013 at 17:46

Level i entities

In the introductory part to accounting standards Level I enterprises are defined as Non Corporate entities which fall in any of the following categories:
1. Entities whose equities or debt securities are listed or in the process of listing on any stock exchange.
What does Non corporate entities listed on stock exchange or in the process of listing mean?It is obvious that only corporate entities shares are listed on stock exchange.


RANJEEV THAKUR
14 November 2013 at 14:33

Donation to a npo

if some npo has received donation to meet day to day expenses.(being specific), where will it be accounted for in the books??
what is corpus fund?
does it have any corelation with my above question??


venkatesh
13 November 2013 at 22:16

Statuary books

what r the statuary books



Anonymous
13 November 2013 at 16:06

Fixed assets

Can a Computer System received as donation be treated as Fixed Assets. If so,how to calculate the value of this F.A.


SOUMYA HAZRA
13 November 2013 at 14:00

Unabsorbed depreciation

What is Unabsorbed Depreciation? How it will treat in accounts ?


jeet1991
13 November 2013 at 13:02

Valuation of dead stock.

Sir I am audit assistant, engaged in internal audit of an automobile company.
During the course of physical verification of inventory i.e. parts of vehicle, some parts were found related to vehicle which is banned by government. as per as-2 the same should be valued at NRV.
my query is there around hundreds of line item related to that vehicle whether nrv is to check one on one basis or can be taken aggregate.


Avi chopra
13 November 2013 at 10:51

Set off salary balance

sir,
i have one problem in salary, one employee salary due by 6500 but we paid salary 1800 (full & final),what is the journal entry of set off salary a/c & employee a/c


lokanadham reddy

I didn't no how to write journal entires


Mihir
12 November 2013 at 16:40

Gift

hey .. I won bike in lucky draw. .. its FMV = 60000 ... I paid taxes of rs 18000.. my other taxable income is less than rs 100000.. whether I am eligible for refund






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