Hi Experts I M Just Reading Accounting Standard 21....& I HAve A problem ..
While Consoldating FS Of parent And Subs. wht is the treatment of investment made by parent in subs?????????
By assuming tht Rilance Ind LTD Acquired 60% Stake in GSFC LTD For1200 Crore And Total Equiity Capital of GSFC 100 Crores
plsssssssss tell me wht will b treatment in this case......
thanx in advvvvval

Hi,

If ABC ltd has charged Rs.1000 to its sister concern for purchase of stationery material from Vendor on behalf of sister company.

Can the sister concern pass the entry in their books by debiting vendor account or the vendor entry will come only in ABC company.

What should be the practice.

I mean can we pass below entry in sister company
Vendor a/c Dr 1000.00
To ABC ltd Company a/c Cr. 1000

Stationery account Dr 1000.00
To Vendor account Cr 1000.00

what is the defered tax asset&liability
and what's are their adjustment

sir i m tutor, teach accountancy upto graduation........sir i m confused regarding guidelines creation of DRR..........help me.

define credit&debit note in tally,
i mean what are the entries passed in debit note & credit note

Dear Expert,
Pl inform method of calculation of Bonus in a Company and in non Company.

How to cancel sales invoice in tally. In case of use Computerized sales invoice by dealer.

hello

sir what is different between investment and (loans to advances, deposit)i.e current assets

if any one investment in following then balance sheet grouping is ???

1) NSC Purchase
2) LIC
3) PPF a/c investment
4) INvestment in Shares
5) Mutual funds.

plz tell me the concept in depth?? how to presentation above item in financial statement with suitable manner.

Dear Friend,


How to cancel sales invoice in tally. In case of use Computerized sales invoice by dealer.

Sir,

My company is selling their products through C&F agents , if one of the C&F has changed his status from partnership to proprietor ship, then what legal documents will be collected by the company from C&F.

Billing software at c&F location is controlled from head office .
Our factory comes under U.P. Vat Act. and the said C&F is in Haryana .

Kindly respond on this asap.

Thanks
Nisha Aggarwal