We have purchased extra monitors for few existing computers for convenience on looking/monitoring multiple sheets.

What should be the treatment done for these items in the books of accounts ?

Do we need to capitalise it ? If you look at a standalone basis these monitors cannot perform any function indepedenlty. What should be the correct treatment as per Accounting Standard /Law?

Please advice

Many thanks in advance

Regards

Ramesh

DEAR ALL,
I HAVE A QUERY RELATED TO AS 16(BORROWING COST). I WANT TO KNOW ABOUT THE EXTENDED PERIOD OF QUALIFYING ASSET IN RELATION TO WHICH THE BORROWING COST IS CAPITALIZED. WHEN WE NEED TO LOOK AT THE REASONS FOR DELAY IN DEVELOPMENTAL ACTIVITIES.AND IN which case we have to suspend the capitalization?

Hi,
Respected Member of CCI

One of my office client have negative balance in Cash balance in books of account.
So how i adjust such negative balance in positive in appropriate manner and pratical way please guide me.
Before i go my principal i want to know way to handle this.

Thanks
advance

please any one clarify me the difference between Provisions and Accruals.

what should be the journal entry in case of lost of car taken on loan?

Dear all,

What is the accounting treatment of convertible debentures. Are they equity or debt? where is it placed in the balance sheet

goodwill valueation ..........

Dear Sir,

Please tell me PT new slab Rates in Andhra Pradesh.



Thanks & Regards
Ram

Sir,

If preoperative expenses and preliminary expenses are capitalized to which head we will write off these expenses and how many years it will written off in equal figures.

Respected Experts

A company had taken 3 month Forwards Contract for $1000 on 1/11/2009 FC Rate 46.6 RBI on that date 46.2 and on 1/12/2009 another FC cover was taken (3 months )for $1000 the company paid the first amount $ 1000 on 1/2/2010..

Please show the Entry to passed on 1/2/2010
when ..