DEAR SIR
I MAKE INVOICE TO ONE CUSTOMER RS.1000/- AND THE CUSTOMER PAID TO ME RS.1100/- (ONLY ONE TRANSACTION IN THIS A/C,AND I DON'T WANT RETURN THIS AMT) HOW I WILL ADJUST THIS AMOUNT OF RS.100/- WHAT IS ENTRY PLEASE HELP ME

I have 2 doubts:
1)Why do we not do 'net of tax' to salvage value?
2)In questions of NPV, if there is additional investment made at the end of, say, the 5th year, then do we discount it with PV of 5th year or the 6th year?
According to me, it should be 6th year but the answer was 5th year so I'm confused.

Thanks a lot in advance.

Whether one time Road Tax and first year insurance premium paid on purchase of vehicle can be capitalised alongwith the cost of vehicle .

Sir,
Can i know how a BRS statement is prepared in normal cases & over draft also
please help

WHAT IS THE MEANING OF 'X'% ABOVE COST PRICE?

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