Anonymous
05 October 2013 at 19:55

Accounts

sir, y right shares are issued only for existing share holders? y not for general public?



Anonymous
05 October 2013 at 18:41

Nature of account

as per icai both purchases and sales are real a/c ;then :
which of the following item is an asset:
a)salary paid to manager
b)accounts payable
c)sales
d)debtors

answer is debtors
but also sales can be the answer as per the icai's statement of sales a/c being a real a/c.....
please explai!



Anonymous
05 October 2013 at 18:36

Journal entry

journal entry for $6000 stolen from the safe of the firm will be:
cash embezzlement a/c dr.
to cash a/c

why not:
p&l a/c dr.
to cash embezzlement a/c

please explain!



Anonymous
05 October 2013 at 18:33

Deffered tax

respected sir/ma'm
Can i have the format of calculation of deffered tax liability/asset.



Anonymous
05 October 2013 at 18:29

Nature of account

if bank a/c is a personal a/c then why does cash a/c is a real a/c?


CA Sanjana arora
05 October 2013 at 17:23

Accounting adjustment

we have received an order from company of Rs. 62 lacs and made purchase against it of Rs. 45 Lacs.now the buyer refuse to take the good and ready to pay Rs. 40 lac for not lifting the goods.but the good is ready and lying in stock.
so what should be the accounting treatment for receiving payment of Rs 45 Lac under which head it should be credited..and if the goods sold as scrap by us in very low value say Rs. 5 lacs so what should be the treatment of Loss.

Pls advise.............


Bhavnesh hadiyel
05 October 2013 at 15:06

Cash exp.

how much cash payments should be given in a day for cash expenses.



Anonymous
05 October 2013 at 13:51

Tds return

Dear Sir,
Regarding TDS on Rent.
Rent per month Rs.40000/- (Rs.40000*12=480000)
Deductee payment for Rs.36000/pm
TDS deposit for Rs.4000/-

We have rent paid to deductee 2-3 months later. Eg. April to June Rent paid on 20th July for Rs.108000/- and TDS Deposit for Rs.12000/- on dated 20th July.
So, that i have to want to know, tds deposit per month against rent payable or against rent paid.


Harish singh
05 October 2013 at 08:08

Accounting standards

what types of accounting standards?


Monica
05 October 2013 at 03:38

Nbfc

sir what % of provision must be made against advances by nbfc as per prudential norms for standard assets, sub standard assets, secured portion of doubtful debts ur to one year, one to three years, more than three years, unsecured portion of doubtful debts and loss assets






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