Sir,
'X' Company is going to be merged/amalgamated with "Y" Company. In the balance sheet of 'X' Company the following amounts appear :
Liabilities Assets
Share Capital 100000Fixed Assets 130000
Free Reserves 50000Current Assets20000
Capital Reserve 20000Misc.Exp. 30000
Current Liabili. 30000P & L Account 20000
------- -------- 200000 200000
------- --------
Share capital to be issued by "Y" Company as against purchase consideration is Rs.150000 . Please tell what are the items to be taken for calculating Purchase consideration under net assets method?

Thanks in advance,
C.Rao

SIR I WANT WHAT SHOULD BE THE EARNINGS FOR CALCULATING EPS.

EARNINGS AFTER TAX = RS 50000 BUT AFTER CHARGING PREMLIMINERY EXPENSES.

WHETHER PROFIT AFTER CHARGING PRELIMINERY EXPENSES TO BE CONSIDERED OR NOT ?

New Dilip Electronis is a Mobile Shop, they maintain stock in Showroom + Distribution + Counter Sale, sir how maintain the stock in tally , how clarified the showroom stock, distribution stock, counter sale stock in tally,

Hi Expert can u give clarity regarding following doubt:

AS 2 and Guidance not says that Excise on manufacturing should be treated as manufacturing Expense and also it Provision for non- removed Goods made:

My question is that how can be it treated as an expense when you are passing the burden of Excise to the Customer of that company.?

sir in case of following situation :

Busineess Loss Rs. 480512/-Iincluding depreciation)
Depreciation as per book Rs. 100523/-
Depreciatiaon as per I.Tax. Rs. 106203/-

in such situation what will be calaculate either Deferred tax assets or deferred tax liability. and in case of carried forward business loss what effetcs given. pls also calcualte the DTA or DTL in above situation.
Thanks

what is the Journal Entry if Share Alloted on Premium

Are not construction comapany require to follow percentage completion method mendatorily, while recognising their revenue ? or Is there a option to follow either project completion method or percentage completion method?

Dear sir,

What is the meaning of Amalgamation & Demerger. What is Amalgamated, Amalgamating

Dear Sirs,
I want to learn how to manage inventory in Tally Erp 9.
Pls help me for the same....

To,
Mr. Nitin Agrawal

But where has to show closing stock of By Product (scrap) in balance sheet, bcoz consuption is not get tally with stock st. and as per balance sheet.

Thanx & regards