Dear Experts,

Kindly give some IFRS supporting for the capitalisation of expenses such as planning consultant's salary which are purely attributable to a specific project which will be commissioned in near future. Kindly let me know which IFRS deals with this issue.

Thanks,
Jithesh

Dear all,
Can you suggest me the best software for cost and financial accounting for educational book publisher?

i want to know the procedure of accounting treatment for mobile recharge business. we have to show it as a purchase - sale OR as a commission recieved ie. what are the entries to be passed? procedure of accounting? pls reply as soon as possible.
Thank you

who will covered in ssi & who are called non ssi. any condition .turn over
regards
raj

Our (A) company purchased land in 2006 from X for 50lakhs, payment has been made by Y to X on behalf A on mutual understanding of joint venture development of land, but not so good of development and A has been decided to pay the full & final settelment to Y of Rs. 75 lakhs. Actual cost of 50 lakhs alredy shown in books Debit to Land and Credit to Y 50lakhs. my quiry is how we need to treat remaining 25lakhs which not effecting with any statutory s. In agreement mentioned that 25lakhs as compensation.

plese help me to account since i have already released payment as PDC

Journal entries for Insurance claim for the defective parts and claim approved by the insurance company and credited the amount, the same to be transferred to the dealer Account. suggest me the accounting entries to be passed for creating the liability and transfer of loss to the goodwill a/c.

Suggest me the schema of entries.
Murali.

As of now no liability created and only cheque received for the claim how to account the receipt and the flow of entries

Can any one explain me the relationship beetween contribution, P/V ratio and margin of safety.?

How they coneect to other?

I am verymuch confused beetween these three? how to apply?

Please if any one had idea pls explain .

Trade investments?

Hi ,
Can anyone pls provide me the list of nature of expenses and their exp category as per Accounting standard.

for e.g. expense incurred for staff outing (Expense category Staff welfare)

Dear experts,

Which of these equations is correct?

1. Assets = capital – liabilities

2. Assets = capital + liabilities

3. Assets = liabilities – capital

4. Assets = capital + owners equity



Ans:-