Our company sends goods to client's on rental basis. Rental period may vary from one month to more than one year. On completion of rental period, client returns goods to us. Whether material sent out on rental basis should form part of our closing stock at the year end?

sir
how to treat the goodwill obtained
from the vendor company in the calculation of net assets vale

Some comapny wants Accounts Reconciliation ( it is not Bank Reconciliation ). i think ledger account reconcilaition. What is that ? How it will be reconcile? please tell me any one?

WHAT IS AN AS-7 FACTOR

WHY THE AS-7 FACTOR BECOMES NEGATIVE

i have made expenditure for creation of brand under which our products are sold in the market.

My question is where to show such expenditure in balance sheet / P&L i.e. full treatment of such expenditure.

Whether it can be shown as Intangible assets under fixed assets or can it be shown as misc. exps. as deferred revenue exps.??

"s" ltd balance sheet as on 31.12.2003
liabilities
160000 equity shares of
Rs. 10 each Rs. 160000/-

"H" ltd balance sheet as on 31.12.03
assets
investments
8000 shares in "s" Ltd
at cost Rs. 260000/-

Adjustment:
on 02/01/2003 "s" issued 1bonus shares for every 1 shares held.

i am scheduled to go for an interview for a job of accounts manager in a 3 star hotel in mumbai and want to know the possible questions as i have never done accounting of hotels except in cost accounting. can anyone suggest me how to prepare for the interview

Hi,

Presently i am working with one of the BOOT company. My company is falling IFRS road map phase 1. So that we want to prepare our balance sheets as per IFRS. For this purpose i read IFRS standards like IND AS 101, PPE, IFRIC 12, Borrowing cost etc., but while i try to prepare necessary workings for Investments, Capital WIP and Advances to others (like effective rate of interest/Fair valu etc) i am facing some difficulty. Anybody please help me, how to calculte effective Interest and Fair value. If you have any workings in excel sheet please provide the same to me

Dear Sir,

Can we claim PPF of previous yr. which is not claim in that yr., in next accounting yr.

pls advice.

Sir,

In our company, we are planning to have a Canteen for our staff and It is been deceided that in our campus, the unused existed building can be renovated by carrying out of some excavation and construction works with apprx.value of Rs.7-10 lakhs.

Please advise me whether it has to be consider as a building maintenance work or CAPEX work. Is there any ceiling by IT for renovation of works?

Thanks