if a director purcahse a machinery out side of india traveling expense called capital expenditure........and my ouestion is if a director purchase a machinery out side of india but he is not able to purchase machine due to not a good quality etc....e when travelling expense called...revenue or capital?

hello.....................
i have taken coachin for accounts in second group of ipcc..but i can't understand anything from that coachin.so plz anyone suggest me the best self study book for accounts(ipcc-group-2).
plz suggest book which should not be advance
& more pratical oriented clearly define everything. i have taken tulsyan book but that is not upto my expectation.

i am working in a company i.e. Info Care India Pvt. Ltd.. but it's incorporated date is 15/06/2010. it was a partnership firm before registering as pvt. ltd. company. my question is that can i transferred all the assets and liabilities to pvt. ltd. company as taken.

What would be the journal entries in the books of branch as well as head office in case payment to the vendor of the branch is made by head office.

WHAT IS A CRITERIA OF A BEST AND KNOWLEDGEABLE ACCOUNTANT. IN A GOODS ACCOUNTANT HOW MUCH KNOWLEDGE AND EFFICIENCY SHOULD BE MUST . PLEASE EXPLAIN.

1.) accounting entries of deferred tax assets and liabilities.

2.) how much deferred tax assets and liabilities needs to be recognized in the profit and loss account.

3.) any idea regarding identifying various items that need deferred tax assets and liabilities application.

good morning to all expert.
i want to know about tally erp.9 user and security.i want to give security to my user. i want this that my user only create and displayed the back dated voucher and my user after create the voucher can not alter the voucher.for this wht i do.while i have created user and password.and i allow 5 days to security named day allowed for back date voucher.

Can anyone plz calculate Closing Deferred Tax Asset for me?



Deferred Ta Asset at the opening: Rs. 6,00,000

Accumulated Losses at the year opening: Rs. 10,00,000

Loss for current year: Rs. 4,50,000

Unabsorbed Dep. at the start of year: Rs. 50,000

Dep. for current year (Unabsorbed): Rs. 35,000



Thanks in Anticipation

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

The balance of Mr.R.K. ("DEBTOR") standing in my books is Rs. 75000/- for the last 6 years. Now I have received Rs. 235000/- from Mr.R.K. as final settlement. I have always done sales with him. He has given Rs. 160000/- more than outstanding.
I am not able to arrive at whether he has paid the right amount (i.e. we may not have recorded the sales)or is a mistake on his part. If we are not able to come into conclusion by the year end, what is the solution of the same?
Whether we can show such amount under the head "Creditors" or else we need to adjust it in Profit & Loss?
If we need to adjust it in P&L then under which head it should be done?
If the answer to the above question is under the head "Sales", then the problem is that we have submitted our Sales Tax Return to the government of previous figures.
PLEASE PROVIDE ME WITH THE SOLUTIONS & ALTERNATIVES.