sir please suggest me.........accounting treatment.

Q.leasehold land shown in trial balance debit balance Rs. 20,000.
adjustment,
leasehold land was purchased during the year.on the date of purchase the unexpired period of lease was 5 years.

What is the rate of depreciation as per schedule XIV of the companies act for a continuously processing plant..?

if cashwithdrawl entry is omitted by us in regarding month, how can i rectify this entry in next month?

for exam.

cash withdrawl on dt. 02.08.11 was on posted in Aug.-11 and month is closed.

what is the solution?

Dear Expert,

How to calculate Net Worth?

Hi

We have purchased computers on a theree year warraty and the total cost incurred is capitalized at the time of acquition. After 3 mnoths of capitalization, we have taken additional warranty for one more year and we have paid Rs. 741216 towards extended warranty. Whether these charges to be capitalized or expensed?

Sir,

Pls explain one purchase bill contains excise duty, service tax, vat is it acceptable or not.

Dear Experts,
I have gone through an rent agreement of leased premises with lock in period of 3 year. Where leasee has to pay to the lessor rent in following way:-

1) In first year rent payable by the lessee will be 1000000(P.M) + service tax (F.Y. 2010-11)


2) second year rent payable by the lessee will be 1200000(P.M) +service tax (F.Y. 2011-12)

3) third year rent payable by the lessee will be 1500000(P.M) + service tax (F.Y. 2012-13)


Lease nature is of operating lease.


Now my query is about rent equilisation. In the books of lessee is rent equilisation has to be done if the rent agreement contains above clause?
If yes, then how it would be done?

Warm Regards !!!!!!!!
keval

dear all
one o my client is distributor of idea mobile prepaid recharge he get commssion u/s 194H he purchase from co. and sold to retailers but he get commission so it is not sale purchase for him and he is carrieng stock of voucher in hand now pls tell me how i make these entries in my books of accounts

Hello,
Can any one tell me, what is CREDIT MONITORING ARRANGEMENT and it use..????

Sir, I want to know how to show bribe money given to ministers for government contractors show in accounts..i mean in which expense head...or should we show it in accounts or not?