Dear Sir,

I am working in pvt limited company, i want to know the require entry for finalization of account please.

What kind of precaution take in to the finalize the accounts

can an organisation allow its accountants to modify and delete the accounting entries posted by them in an accounting package. or any controls needed
kindly give me suggestions
thanks

I have taken Term loan for a qualifing asset, interest on such loan is paid from my CC account. my question is whether I can capitalise interest on CC account as per AS 16 Borrowing cost.



please suggest. asap.

thanks in advance..

we purchase a item from Vendor like , carry bags,warranty card,stickers,challan books,letter head ,Identity cards, So i have following Question on it.
1. i take in printing & stationery Exp. is that right .
2. I deducted tds on this bill amount @2% is that right.
3. if tds is not applicable on printing & statioery than should i stop the tds deduction on this now is that ok . so pls suggest to me pls.

Dear Sir,

I am working in pvt limited company, i want to know the require entry for finalization of account please.

What kind of precaution take in to the finalize the accounts

I AM WORKING A TWO WHEELER SELLING COMPANY.
AND WHEN I PURCHASE A TWO WHEELER THEM I PASSED ACCOUNTING ENTRY AS

PURCHASE 12.5% DR
INPUT VAT @ 12.5% DR
ADD INPUT VAT @ 2% DR
TO XYZ

WHAT ENTRY WILL I DO WHEN I TRANSFER 1 NO OF MOTOR CYCLE TO FIXED ASSETS.
WILL I CHARGED VAT 12.5% + SAT 2% ON TRANSFERRED GOODS.

What is the treatment to be given to stamp duty paid at the time of entering into a lease for rental premises for a period of 12 years. Will be it amortised over the period of 12 years or will it be expensed in the same accounting year in which it is incurred/paid. Under which AS is it specified

Can anyone please tell me where is the posting of Machinery repair expense whether i have to put in Manufacturing exp in trading account or i need to take in profit & loss account & what is the logic behind that if i take Machinery repair expnese in trading account under Manufacturing expense.

waiting your reply....

can private limited company cash on bearer cheque on bank counter

Hi,

Can someone please explain me about the differences between IndAS, IAS and IFRS?