Which groups a/c is supported for these ledger A/c in tally for school purpose ,i.e.Fees A/C, Teacher's Payment A/C, Admission Fees, Exam Fees, Etc for Journal Entries

1.Is Impairment expenses includes cost production for valuation inventory?
If not why?

What about printing & stationery , postage and telegram expenses?

Can any body provide me any accounts / model accounts, drafted under the new Schedule-VI format during the financial year 2011-12.

I am interested in the how the financials relating to P & L , & B/S has been presented through the notes to accounts.

Franchisee fees is capitalised in the accounts.

Now the stamp duty is paid in the next year on demand from department.

How will the stamp duty paid be treated ?

Whether it should be capitalised or considered as revenue expenditure ?

If an LC arrangement has been entered into with a bank for import payments. when should the purchases (import) be booked in the accounts. i.e. on the date of payment release by the bank or on the date when goods are loaded in India.
Contract terms are FOR Indian Border

Dear All,
We pays certain amount towards software for a particular year for ex. Rs. 10K for Tally subscription for year, Rs. 50k towards visual impex renewal for year.

I am of the view that as these amount we are paying for a particular year so it shoul be W/o & not capitalised.

Pls explain as per Accounting Standard correct treatment if i my view is not correct.

Thanks

Raj

We purchase our raw material from out of state in which cst is involved. Is it the part of the cost of raw material or not.

What is differences between Projected & Estimated. On which basis Estimated & Projected Balance sheet and Profit & Loss account are prepared?

Sir i Have doubt regarding treatment of goodwill already exiting in balance sheet at the date of computing capital employed. Here goodwill because of cost of control. will it be subtracted in computing the capital employed

private company has given a loan of Rs. 25 Lakhs to directors holding shares more than 10%.
As per section 2 (22) (e) of IT Act, it is treated as deemed dividend.
Now kindly suggest accounting of deemed dividend and whether the said deemed dividend can be adjusted against loan given to director.