A company, say 'A', involved in manufacturing and selling some products undertakes job for manufacturing products for another company, say 'B'. The total raw material required for the manufacturing is supplied by the company 'B' to the company 'A'. The company 'A' spends on electricity, labour and consumables on making those products. Now the question is whether the cost of job work/serivce become an item of Trading Account or it is an item of Profit & Loss Account. Please note that in the job work/service no raw material is used by the manufacturing company 'A' and the company 'A' also manufactures and sells its own products.

Sir,
Please tell is there any diffence between Fair Value of Share and Fair Value of Option??


Thanks in Advance

what is the treatment of preliminary expenses in accounts?

whthr it will come in
asset side of balance sheet

or

directly charge to p/l a/c

as per revised schedule 6

House Property Purchased on loan,
Pls tell me the entry of this,
And can i show the property under fixed assets as the original papers of property is not been handed over to us by bank. I Mean house is still under the control of bank so how can we show, that house is our property till loan is repaid.
Thks

can anyone plz tell me what are the accounting entries in regard to income tax of a proprietor?
whether it is a part of capital a/c or should i show it as a TDS Receivable in current asset?
plz its urgent..........

If loan is taken as on 1st august of rs 100000 @ 10% p.a and if qualifying asset is acquired on 1st september, then how much int should be capitalised?

if year ending is on 31st march

sir,
plz suggest me reference site or kindly explain me the procedure related to import and accounting treatment of the same

1. how will we treat import duty paid and other expenses related to import like destuffing charges, storage charges, detention charges etc in accounts.
2. why the amount entered in the delivery note deffer from bill of entry

Hello Everyone
I am Sanjay. I want to clarify one point regarding entry in Tally.
My wife has paid a cheque to LIC on my behalf from her account. Now in the books of accounts where it will appear. I have made the entry in drawings of her account.
Bank A/c Dr
To Drawings
(in her books)
LIC a/c Dr
Drawings
(in my books of accounts)
My clients are professionals.
Am I right or I have to show loan to & from each other.
Kindly advise.
Regards
Sanjay

Dear Expert

Please suggest me the best book for AS in hindi and english.
Reply AsAp

Dear Sir,

I am Neha Sharma from Delhi, I am an Accountant, I want to know that which type of facility we can provide to our employees through esic.I have find the link for delhi and i just want to cofirm that if we will provide more than 1 benefits to our employees so, what will we charge from them or from their salary.
Kindly provide me the related tis information and other information related ESIC & PF.

Thanks & Regards,

Neha Sharma