Dear all,

Please resolve my query,


value of the assset purchased during the year, if less than Rs 5000/- can claim 100% depreciation.(according to Co., Act)

Am i correct,

Is there any raise in such maximum amount of asset value.


Thanks in advance

one of our client received CAPITAL ASSETS (Air-conditioner) as gift from party of Rs.15,000/- (Incl. of Vat amount of Rs.1666.67/-)during the F.Y 2010-2011.

can u suggest me, the treatment in books of the company regarding booking of capital assets and also treatment of VAT.

I have received rate increase letter from my supplier for prise raise and it is effetive from 1/3/2011 how can we book if rate diff bills are received from supplier
it can be added to Profit as previous years expense

One Raw and Packing Material Purchase for Research & Development but i can't Understand this Material Purchase or Expenses please suggest me


Thanks

Surendra Singh

Hello Sir,

In a partnership firm there is three partner and they withdraw 20K each for every month so please tell me how i will do entry
will i pay remuneration for every month?
or
will i adjust it end of the year as drawing?

and please advise how i will do entry in tally

Whether Goods delivered but not billed can be shown as sales at year end ? Please provide reference from AS 9 or elsewhere.

My client is private limited comoany, He wants to issue shares to key employees

Please suggest what are the procedures and accounting treatment

Thanks in advance

DEAR SIR
I HAVE PROBLEM WITH VENDOR A/C WE ISSUED ONE PDC CHEQUE FOR ONE SUPPLIER AND I MAKE ENTRY
SUPPLIER A/C DR
TO
PDC A/C
BUT MY PROBLEM INSTEAD OF DEBITING SUPPLIER A/C CAN I HAVE ANOTHER OPTION BECAUSE THEY KEEP THIS CHEQUE PDC IN HAND AND OUR A/C IS NOT TALLY ONLY BECAUSE OF THIS . PLEASE HELP ME.

Dear Sir, Let me know what is office expense & which expense grouped under office Expense ?

Dear All,

Need to confirm if expenses booked under the head Repairs & Maintenance are only for expenditure done on fixed assets owned by the organisation.

Please revert urgently...