The selling price of a product is ` 9 per unit with variable cost of ` 6 each and the fixed costs are ` 54000 per month. In a period when actual sales are ` 180000, the margin of safety in units is -

why is it that in case of bonus shares we use it to reduce the cost of other shares but suppose we recv an asset for free as per as 12 we record it at nominal value and do not use it in the same way..technically it is diff treatment ..plz explain

In the private company, say ABC pvt ltd, promoters have incurred preliminary expenses i.e. pre-incorporation expenses, & the same expenses were approved in FIRST STATUTORY MEETING to be recognized in the books of accounts of the company, but company haven't paid till the completion of financial year.
so my question is how the company would show preliminary expenses in the books of accounts(which are payable to promoter), i mean what would be the journal entry in the books of accounts & how much should company write off in the current year as preliminary expenses................

Dear Sir
please advice treatment of Sales tax(CST,VAT)Excise duty in P&L and balance sheet.Generally this has treated : CST&VAT collected on sales adjusted with Input VAT(Purchase) and balance if any being deposited and same treatment with Excise.
In Balance sheet only net sales(excluding CST&VAT)taken. please suggest about Excise and confirm above please.

Shivanand

Dear Experts

I have joined in a company in which commercial production yet to be started. Please guide me how to start accounting in that company.

Till know we are undergoing for registeration under Central Excise, VAT and Service Tax. We are having Sales office at banglore. Previously we are importing material from Headoffice Japan and selling it in india. Now we are going to start production in India. Please guide how to start accouting process in Capitaliztion, Accouting, Taxation etc.

Regards
Pardeep Khaneja

sir

I am working in construction company
if we take some shuttering material for hire
then the can supplier will be demand on c form. we have also take machinery equipment of hire basis. then the supplier charges on service tax. can shuttering material supplier will be charged on service tax

what is a financial transaction and how is it different from a transaction

Sir,
Mr.A has salary of Rs.8000/-PM
Dearness allowance 10%
Present 25days for Jan.2012
sir i want to known how to calculate PF contribution for Employees and employers
Plz show me seperate calculation for Employees and employers contribution

Replay its urgent

I am running an educational institute. What maximum amount at a time can i receive in cash from a student in terms of course fees at a time.I am told it should not exceed Rs.20000/-. Pl clarify

I have received excess amount from customers I have confuse what we have issued credit note or debit note ?