hi all

i have passed last year discount received entry for outstading of supplier, but if i want to pay him against that bills for which i have passed entry of discount, what will be the new entry.

kindly guide.

: x-purchasing company
y-selling company
please explain me wht it saying?
the issue of such as amount of fully paid 14 percent debentures inx ltd at 96 percent as is sufficient to discharge 12 percent debentures I y ltd. At a premium of 20 percent



experts what 96 percent saying ? how to deal this?

Hi Everyone

Can anybody explain if we send material through Courier company and courier company charge service tax on full bill amount .My question is

(a) Can we take service tax recoverable on full amount that charge by service tax company or as per freight 75:25ratio

(b) wt is accounting treatment of this case

Arvind

Hi
Can any one suggest me diff. between transportation and frieght outwards
& its treatment in books
Arvind

how can i understan the term "pv ratio".

Can anyone provide me a matter of resolution, which have to be written on minute book and proceeding book in whole year.

We have certified our esi return for the period Oct'10 March'10 from our auditor. Audit sent their bill dt. 12.5.2010 as audit fees but we did not book this expenses previous year 2009-10. So my query is, can we book this amount in current period (2010-11) as prior period expenses and deduct tds on it and another question, is it prior period expenses when auditor sent bill on current year date ?

1.A Partnership Firm
2. Total 29 Employees
3. ESI & PF applicable for all Staff.
4. Some of Staff Name like Sachin, Asha, Rahul etc.

Emample : Suppose Rahul get Salary 100, His ESI 1.75 & 4.75 HIS P.F. 12 & 13.61.

If I want to ENTER Salary entry (Monthly Basis) IN ACCOUNTING SOFTWARE in the name of the Staff's (Indivudialy) then
1. How what will be entry ?
2. What will the Gruop of Staff Name.

Please clarify ........

We have done export in 2008 and we are not able to recover the same from customer due to leakage or damage. we had not covered the transaction of insurance. SO we would like to write off the same.

As per my knowledge we need to take approval from RBI. Can any one brief us on this matter and provide us a letter format for request to BRI?

Dear All,
There is a commercial building consisting of 10 floors of which first 4 floors have been constructed and ready to use/sale.
The client has taken a loan for the said assets.
My question is, whether interest on said loan should be capitalized in full or there should be a segregation as regard to the completed floors. whether completed floors should be regarded as Independent assets?
If it is so then the interest should not be capitalised in full and only for remaining 6 floors should be capitalised As per As-16 read all together with As-10.