Its Urgent!!!!!!!
Can anybody tell me that whether property tax is added in the self occupied property at the time of purchase or shown as withdrawals from capital account?

I AM A IPCC STUDENT & DOING SELF STUDY.

I WANT TO KNOW HOW TO STUDY AMALGAMATION AS I HAVE HEARD THAT IT IS VERY DIFFICULT & ONE 14-15 MARKS QUESTION IS ALWAYS THERE.

PLEASE HELP & SUGGEST ME ANY REFERENCE BOOK THAT WILL HELP ME IN UNDERSTANDING THIS CHAPTER.

PLEASE ALSO TELL ME THE IMPORTANT TOPICS & MARKING SCHEME(IF ANY) OF THIS CHAPTER.

Our company deposited 1000/- as deposit fee for Honda Activa and it should be delivered in April 2011 so now my doubt is what entry should i pass for that 1000 in my books and also please suggest thier respective undergroups i have to give in Tally

thanks in advance

dear experts i just want to know the difference between the leases and hire purchase.
the doubt occored wen i strted preparing for my group 2 accounts.. speciall in AS. so ur answer must be in dat that perview!
thanx in advance!

Is this correct? or is there achange in this regard-
If any enterprise has incurred ancillary cost (related) for the arrangement of funds than amortized part of such cost should also be included as a part of borrowing cost.
For example:- Brokerage, commission, stamp duty charges and any other related cost.Amortized Cost =Total Cost/Usages Am. During the year

HI EXPERTS I GOT A PROBLEM THAT I THINK U CAN SOLVE.
I AM A IPCC STUDENT & DOING SELF STUDY.

PLEASE TELL ME WHAT REFERENCE BOOKS R THERE FOR IPCC TO GET GOOD MARKS IN EXAMS.
I WILL GIVE IPCE IN NOV'11(BOTH GROUPS) & PLEASE TELL FROM WHERE TO PURCHASE THESE BOOKS.

H ltd has two subsidiaries(Directly holding 60%,& 70% respectively) A ltd & B Ltd

Balance sheet H Ltd
Liability side
Current a/c with A ltd-Rs.40000
Current a/c with B ltd-Rs.40000

Balance sheet of A Ltd
Asset Side
Current a/c with H Ltd-Rs.36000

Balance sheet of A Ltd
Asset Side
Current a/c with H ltd-Rs.44000

Adjustment:
A remittance of Rs. 4000 by B Ltd to H Ltd has not yet been adjusted in the books of H Ltd.

Question : what will be the effect in the consolidated balance sheet & what is logic for opening current account ?

We are registered u/s 25 companies(an NGO company). we want to import books. I want to know that for importing books, do we have to get IMPORT EXPORT CODE? If yes, then what is a procedure for that?

Hello Experts
I am sanjay this side. I want valuable advise on one entry in Tally. There is a car in the co's book and the insurance claimed by the co and the cheque has been recieved. I want to know that this amount is treated as an income of the co or the value of car has to be increased.
the entry should be:
Bank A/c Dr
Insurance Claim A/c Cr and this account is under Indirect Income head while creating the account in tally.
Kindly advise.
thanks and regards
sanjay

if xyz is a pvt ltd co.,we paid for servicing
and maintenance charges on our computer or software for next one year(1.2.11-31.1.12),what is journal to be passed ,Suppose we paid Rs 10000/- ,what is the journal entry and how is it calculate? ,pls help me