Kindly comment upon:
intrinsic value and
extrinsic value of shares

hi experts,
one of my client has started his new manufacturing unit... now first balance sheet and P& L is to be audited....

the situation is GP can be calculated only after calculating Closing Stock. and Closing Stock (R.M.+Finished stock + Semi finished stock)can be calculated only after deriving Gross profit due to having some extent of G.P. in Finished and Semi Finished Stock..

i.e. G.P = Sales + Cl. Stock - op. Stock
- Production - direct expenses.

my ques. is how will it calculate it gross profit....

plz. tell me as soon as possible.

What is the meaning of CMA REPORT,on what basis is it prepared &why is it presented with financial institution?

Dear Sir/Madam,

Can any one send me format of Profit & Loss Account and Balance Sheet in vertical format (in excels sheet)

my email address is:- shrishail.umaranikar@rediffmail.com

Hello
Experts
please guide me for the following

I have a query that one of the firm dealing in shares and security transfer its part of the stock of shares from stock in trade to investment. what is the accounting treatment whether it is consider as sales.
And what is the treatment from taxation point of view.

Please guide

Thanks

Under which head shall we put the Driver Beta amount & Gardening charges

plz anyone provide me answers of accounts paper may 2010.......

Whar are the cost control measures to be adopted in a Hotel?

HI,
HOW CAN I PASS JOURNAL ENTRY FOR GOODS IN TRANSIT,
KINDLY SUGGEST ME. ON FOLLOWING POINTS
# WILL THE GOODS IN TRANSIT ADD IN PURCHASE AND TAKE INTO CLOSING STOCKS
# OR IT HAS TO SHOW ONLY IN STOCK & CR. PARTY'S AT THE END OF THE YEAR.

IN FIRST CONDITON.

# AT THE END OF THE YEAR
PURCHASE A\C DR.

TO GOODS IN TRANSIT.( CURRENT LIABILITY)

# NEXT YER

GOODS IN TRANSIT DR.

TO PARTY'S ( WHEN GOODS RECEIVED)

# IN SECOND CONDITONS

# AT THE END OF THE YEAR

GOODS IN TRANSIT DR. ( CURRENT ASSETS)
TO PARTY'

NEXT YEAR

PURCHASE DR.
TO GOODS IN TRANSIT.


KINDLY PROVIDE UR ADVICE.


THANKS

Dear Experts,
In a private limited company, they are purchasing packing materials which are used for delivering the goods when it is sold.
1)In such a case can those packing materials purchased be classified as Purchases and classified as Direct Expenses in the Tally?
2)Can i classify them as Selling & Distribution Expenses?
Thanks for the reply...
With regards,
Rajesh.