Dear Sir,

My company receive capital subsidy from central govt. i.e. SIDBI directly to our bank account in the form of FDR which will be credit in our cc account after period of three year as per govt. instruction.
what accounting entry to be made in books as on date

Dear Sir/Madam,

In value added statement,
Earning available for distribution = PBT-Depreciation- interest on loan- taxes- employee contribution towards PF

Whether this statement is right or wrong, if it is wrong please specify me which items not considered from profit and loss while making value added statement.

A businessman purchased goods for Rs 25,00,000 and sold 70% of such goods during the accounting year ended on 31st March,2013.The market value of the remaining goods was Rs 5,00,000.He valued the closing stock at Rs 5,00,000 and not at Rs 7,50,000 due to---
(a)Money measurement concept
(b)conservatism
(c)Cost concept

Dear All,
Wood purchase from "Basti Timber Mart for Rs.16,000/-
Payment made to Alfa Traders on behalf of Basti Timber mart.

What would be the entry in Tally.
Payment?
JV?
Purchase?

Please sugest?

wi fi camera purchased to be fixed in factory. what will be the journal entry ?

What is capital reserve please explai in simple words?

What is the meaning of Imputed cost of Owner's equity?

Person have ancestral property. Cost of the property not known. What will be the cost of the property for disclosure in balance sheet?

Person have no details of original purchase of property.

Please guide on this.

Can anybody solve my query about Machinery transfer.
Actually our co. has 15 branches in all over India. 5 machinery transfer from Gurgaon branch to Delhi branch.
what is the treatment in assets schedule.
and how to treat it in gross block and net block of assets schedule.
can i show it in Delhi branch as a addition or simply transfer all gross block and depreciation into the Delhi branch.
please send me the ans with an example.

Sir

If a company does not have requirement of tax audit and consequently it is required to a normal audit, is it mandatory for the company to file the report online like in case of Income-tax audit?

please clarify.