Dear All,

I have purchase a extension of warrenty of 20 computers for one year in the month of december. Please help me in passing the journal entry for the same.

Thanks

Sir,
If the owner is having 3 godowns and given 2 godowns to Company "A" and one godown to Company "B" on rent of Rs.70000 per godown.
On an overall income of the owner crosses more than the threshold limit of Rs.180000 for all the 3 godown, will the company liable to deduct TDS?

Can any one suggest me the computation of capital gain & entry for Buy and Sale of shares through Demat account? whether brokerage, service tax, turnover tax etc. pid needed to be account for or only net transaction amount will consider for calculating capital gain? Please advice me with illustration.

We are availing packing credit against export orders, I want to understand how to pass entries in case as under: Our banker gives us PCFC credit on Export Orders and adjust the amount against our cash credit limits, on receipt of payment the PCFC credit is squarred up. Now my question is what our accounting is in INR what rate on PCFC credit availing and what rate i should take on receipt of payment, another issue is what would be the differencial amount be treated whether to be treaed in Exchange loss/ gain visa a versa. Pls advise

We are the seller of product B for Which material A is used as raw material and we also product material A in our factory, how cost will be calculated
Suppose we have opening stock of A material of 10,000 Unit of Rs. 9,00,000/-

we produce during the year 50,000/- unit which cost Rs. 50,00,000/- and we sale 5,000 unit at Rs. 1,00,000/- only. and their is stock of 3,000 unit at the end

so tell me how cost of consumetion of 52,000/- unit of A calculated

pl tell me what will entry of
salary paybale on end of the month
and when it paid through bank

and pf and esi entries payble and paid

vat entry payable and paid

Dear Experts

Customs House Agent invests on behalf of importer/exporter for customs duty/shipping line charges etc., and claims from respective clients.During year end say, as on 31.03.11 there are investments made and will be claimed subsequently during 11-12

What is the accounting treatment?? Hope it can't be treaed as prepaid expenses since getting claimed from clients & expenses not pertains to this CHA entity

Dear Sirs

Very simple question, that during finalisation Fixed Deposit should shown as Current Assets or as Investment.

regards

Pritom Baruah

Hi,
Greeting for the day
I would like to know about Accounting Ratios.
1. How to calculate them and what should be their proportion.
2. What proportion is good of any company.
3. Also i would to know about CMA Data and who we analysis the CMA Data according to these ratios.

A company has lodged an insurance claim for goods lost on 31st March. Does this lead to creation of an asset i.e. Insurance claim receivable? If not, what will be the accounting treatment taking into account that the value of the claim is uncertain?