what is the scope of "assets " in AS 7. will it include movable and immovable assets (both)? is this standard applicable for construction of things like computer, furnitures etc??



anticipating quick reply by our experts

1.for export bill accounting which date of exchange rate should be consider B/L , Exchange control, or if any

2.if we received advance 30% and balance is receivable the how to record the transaction

3. if we received all advance and later we shipped then which rate should be consider

i have one doubt vat & service tax possible one item

which is the best book to get complete knowledge about Accounting standards....
I want complete knowledge with enough examples to understand it...
Please do reply....

Sir what is the reason for the fact that in case of dissolution of a firm,the firm cannot show goodwill in the ordinary course of business but is only shown at the time of sale of such business

Respected sir/madam,

1.)please let me know how to calculate deferred tax asstes and liabilites in the accouts.

2.)what are the items that need to be considered for the calulation.

3.)what is the accounting entry.

4.)how much deferred tax asstes and liabilites need to be recongnized in the profit and loss account.


please clarify my queries as soon as possible. i am in urgent need.

i want to get the summary notes of AS-15,22,30,31,32
please guide

Whats the difference between?

I just want to know my profile or position in Accounts Field as i do Sale-Purchase Entry,Auditing,Bank Reconcillation,C-forms reports making,Issuing C-Forms,Making Quotations,Preparaing Documents For Sales tax Return.

Dear Sir,

(1) If a Comapny falls under two categories of Cost Accounting record rules, do we need to prepare as per both ?
[Ex. CARR for Chemical & Bulk Drugs)

(2) If out of these two types of products one is Main product and another one is By Product. Then also we are required to prepare records as per both ?