i am very much confused in passing capital reduction entry i am not getting when to reduce the face value and when to reduce the paid up value i.e when to pass reduction entry and when to pass replacement entry please help urgently solution required.

Regards.

Dear Sir,

we have more than 4 FD Accounts and they will be matured on next accounting year and for this accounting year ends on 31-3-2013 so accrued interest on all the above fd accounts to be passed in my books along with TDS.
please check this entry is correct and if it is not so then please make correction and guide me.
1)Accrued interest.....Dr(Current Assets)
Interest on FD ........Cr(Income)

2) TDS Receivable.....Dr
Accrued Interest.....Cr

In my payroll some employees have negative salary payable(net pay) because of notice pay and some other recoveries. How can i record journals in books.

Can i debit receivables from employee a/c (under current asset) and credit notice pay recovery?

What do you mean by Single Shift depriciation, double shift depriciation, triple shift depriciation ? Also let me know while maintaining Fixed Assets Register of the company which method is used SLM or WDV....?

wat would be d accounting entry for write back of unwanted provision?

IN OUR PRIVATE LTD. COMPANY FREQUENTLY PAYMENTS ARE BEING MADE TO THE DIRECTORS.
HOW TO ACCOUNT THE ABOVE

1.SHALL IT BE SHOWN AS LOANS MADE TO DIRECTORS(OR)
2.SHALL IT BE ACCOUNTED AS DRAWINGS(IT SHOULDNT BE ACCOUNTED AS DRAWINGS SINCE ITS NOT A PROPRIETORSHIP BUSINESS.

PLEASE ANSWER THE QUESTION

ITS URGENT
PLEASE

In my payroll some employees have negative salary payable(net pay) because of notice pay and some other recoveries. How can i record journals in books.

is NORMAL DELIVERY TIME and RE-ORDER PERIOD same concepts?

Basic formula of caculating re-order level is

re-order level=maximum consumption*maximum
re-order period


but i ve come across one more formula i.e.


re-order level=minimum stock+(normal usage*
normal delivery time)

wht is the difference between these two formulae? and why are we suppose to add min stock in the 2nd formula ????

Need clarification if Share application money pending allotment forms part of Networth of a company.

Networth of a company needs to be computed to ascertain applicablilty of Cost records and cost compliance under CARR 2011. Please advice if Share Application Money Pending allotment forms part of networth of a company in this respect.