what is difference between hire purchase price and hire purchase charges

I am a dealer in stock.(Holding Shares as stock in trade)
I have 100 shares of company A
I have 200 shares of company B

NOw both company A and B gets amalgamated and formed a new company C
I was alloted 200 shares of new company C

I was holding Company A and B shares as closing stock, now what is the accounting treatment of new alloted shares of C and old shares of Company A and B

Hi Experts,

How should we make the entry for Documentation charges, charged by Pvt.Bankers/Financiers on Vehicle Finance.

Eg: Inv.Value-15,00,000/-
Down Payment -5,00,000/-
Finance Value - 10,00,000/-
Documentation Charges -7,500/-

Pls clarify

Respected sirs,

What journal entry should we passed in TALLY for stolen of goods . Kindly mention Under which group we will book this journal entry.

With thanks & Regards

does variable cost and expenditure incurred on repair and replacement of C.T. Scanner machine forms part of Depreciation?

i want to know the book for cost accounting, ca final frm which i can prepare nd can have better questions practice?

When we collected some advance amount in respect of vat tax turnover proportionately it effects service tax, how much amount we have to pay

I just want to know about now how much TDS deducted in Consultancy income?

Hello all.

I would like to seek your comments on the following situation.

Suppose Company X has a capitalization policy of Rs 5,000 (i.e expenditure of capital nature above Rs. 5,000 be capitalized while that falling below this threshold be expensed out). Now the company purchases the following from a supplier in a single transaction.

> 5 Chairs (Rs 2,000 each) - Rs. 10,000
> 4 Tables (Rs 1,000 each) - Rs. 4,000
> 1 Conference table - Rs. 10,000

Total Amount Paid - Rs. 24,000


The question thus is, how will the above transaction be treated in light of the company's capitalization policy?

Should we compare the value of the transaction (Rs. 24,000) against the threshold (Rs. 5,000)?
Should the value of each furniture type (i.e Rs. 10,000 for 5 chairs) be compared with the threshold (Rs. 5,000)?, or
Should the value of a single item (One chair - Rs. 2,000) be matched against the threshold?

Is any standards applicable in this case.

Pl give your expert opinion on the following querry.

The company is in loss for last 3 years. Deffered tax assets is being created for last 3 years.In the current year is loss but company has modified its plant and it is expected that in future profit will start.
In 2009-10, whether co should make deferred tax assets for losses.what are the basis of virtual certainty.
The company expects profit from 2010-11, so it will serve the purpose for virtual certainty.

Further, pl let me know if deferred tax assets is created on the asis of future projections, what will be consequences because AS-22 does not define the meaning of virtual certainty.

Thanks and Regards