if life insurance paid by partnership firm in favor of partner what will be account entry in books of firm and what will be account entry in partners personal books of account??????



Thanks in advance

Hi!

I want to know that it is mandatory for a limited company )not a listed company) to prepare consolidated accounts. If yes kindly give me reference of that section.

Thanks in advance

a person has taken financial bank guarantee which he has given for taking some contracts.

what will be the accounting treatment of it.

explain the role and problems of disclousure..

Pls. help me in preparing the cash flow from the following figures :-
Rs. (in lakhs )
Net Loss (1076.79)
Depreciation for the year 581.61
Interest income 236.65
Interest Expense 11.45
Current assets:- 31.03.11 31.03.10
Inventories 190.52 343.15
DEbtors 46.48 81.60
Cash & Bank 2212.70 2989.57
Loans & Advances 429.37 225.81
Interest Accrued 126.39 76.58
Current Liab. 1748.07 1957.66

hello
i waz doing profit prior to incorporation
i couldnt get the proper answer for ''DEBENTURE INTEREST''
i mean the ratio in which it should be calculated
plz reply anyone who knows the answer
thanx

Pls send me the list of accounts that a hotel has to maintain or just tell about the accounting systems for hotel.

Also tell what other regi. n taxes are applicable for hotel which not provide foods but only provide rooms on rent.

sir
pls provide me a link to download a proforma of the recently amended (Balance Sheet And Profit and loss Account) scheduled 6 of the Companies act with schedules of all the items of B/S and P&l a/c .like the one presented by companies like infosys and others .

Thanking u in advance.

Dear All,

We are large manufacturer of "Rubber" and for that various small componant requier, now my Q is that, we are paying some "REPAIRS & MAINTENANCE" for some product which is use for rubber manufacturing now all these repairs bill shall we book under the head of purchse or we directly book under head of Diret exp. plz expain with brief solution

Respected all ,

Can anyone tell me about transfer pricing ?? what concept is it ?? what are the features ???

Thankin YOu