Hi I have one doubt. If a person started business with goods of Rs.50000, in which voucher I have to enter this and what will be the journal entry? Please give me the answer

Sir I tried this but I created stock in trade ledger and I am not getting that in the journal voucher, it is finding in the list of ledger.

In one Balancesheet there are some pre-operative expenses and preliminary expenses carried forward from last years. And the company is a real estate company and no project is yet started . Pl. advise me what should i do in Balancesheet. In current year only commission income is there. Pl advise.

Regards

CA Vishal Dhamija

A Pvt. Ltd. Co. purchased a partnership firm paying Rs.10 Lacs. On the date of Purchase the Partnership firm is having an assets of Rs.198868.56 & a liability of Rs.12000.

Now i want to know what should be the accounting treatment of Goodwill in the books of Pvt. Ltd. Co.

Please help me..

after incorporation of a director of private limited company has made cash expenses for an amount of 3.5 lacks. it has 1 lack of share capital in bank .


please tell what is the accounting treatment weather to those cash expences as director loan or ignore them

Dear Sir,

In case of pvt.Ltd which have loss from business operation where the loss in balance sheet will be put as there is no reserve of the company.

Kindly suggest me the same.

Hi,
I am a qualified CA, passed out in May 2011 still struggling for a job. Was planning on doing the Diploma in IFRS course conducted by KPMG. Could anyone please opine on the same.

Regards,
Priyanka

If a company taken a Premises( Building ) on operating lease and incurred a huge amount on office renovation and office renovation is completes in 6 months from date of taken Premises on lease.The permises is put to use after 6 months from the date of lease .so my question is we capialise cost of Rent along with Office renovation cost in value of fixed assets. Its Urgent

a firm has not been charged depreciation in p/l a/c, though it has been charged as per income tax in earlier years now it want to charge it again. so whether it shall charge on book value of current year or on value which would have been if depreciation is charged in earlier years.

what is investment? how are we gain profit by investment?

can any one say about income and capital expenditure. what diffrence in income and capital expenditure?