Jigar
This Query has 5 replies

This Query has 5 replies

30 July 2010 at 11:37

Cash Flow.

I want to Know whether FDR which are on lien are included in Cash Flow(Cash and Cash Equivalent) or not ?


CA Amar Kant Choudhary
This Query has 2 replies

This Query has 2 replies

Dear Experts, Good Morning, Kindly advice whether it is optional to show both securities premium and preliminary expenses in the balance sheet or preliminary expenses should be adjusted against securities premium. Is there any case law in this regard? Sir, this is very urgent.

Thanks & Regards,
Amar Kant Choudhary



Anonymous
This Query has 1 replies

This Query has 1 replies

29 July 2010 at 23:00

revenue stamp

Hi

Respected member

I want to knw if revenue stamp not attached at vooucher for payment exceeding 5000.

Then What will be consequences?



Anonymous
This Query has 1 replies

This Query has 1 replies

29 July 2010 at 22:53

accounting of shares

Hi
Respected Sir.
Can any one tell me sir?

If a person totally engaged in buying and selling of shares for 1 weeks then whether he can show such income as business?

If not then why whether it is written and if it written then in what section of income tax act.


Akash Anand
This Query has 1 replies

This Query has 1 replies

29 July 2010 at 20:07

ACCOUNT Quiry

Help me the follwing journal enteries.error detected after preparation of final accounts.
(A) Purchase of goods for sales Rs. 25,000 wrongly debited to funiture account.
(B)goods drown by proprietor Rs.5000 not recorded.
(c)credit purchase Rs.5000 wrongly recorded as credit sale provision for bad & boubtful debts @3%
(D)rceived goods from Ms.Z(consignor)for Rs.15,000 inculuded in purchase.those goods were sold for Rs.25000 wrongly inculded in sales.commision receivable @5% not accounted.



Anonymous
This Query has 1 replies

This Query has 1 replies

29 July 2010 at 19:17

amlgametion

hello sirs
i have a big Q. IN AMLGAMETION PLZ. GIVE FEEDBACK IMMEDIETLY
Q. IS- IF AN COMPNY AMALGAMET WITH ANOTHER AND THAT ANOTHER COMPANY HOLD 25% SHARE IN THAT AMLGAMETING CO. AND NO B/S IS GIVEN OF NEW CO. THEN WHAT WE DO OF THAT 25%SHERE IN OLD CO. AND WHAT ACCONTING TREATMENT IN NEW CO. THIS . IS IN IPCC ADVANCE ACCOUNTING BOOK AMALGAMETION CHEPTER Q.-3 PLZ. TELL ME IMMEDIETLY...............................


Akash Anand
This Query has 1 replies

This Query has 1 replies

29 July 2010 at 17:35

ACCOUNT Quiry

plz any one help . choose the correct answer
(a)livestock in the case of mixed farming is asset ?
1, fixed 2.current 3. wasting 4.tangible
(b)Corps are valued at price of
1.market 2.cost 3.capitalized value 4.eco.value
(C) Final account of a farmer can be prepared under
1.single entry method 2.Bouble entry method
3.Both 4.none of above

(D) Cash book usually maintained by farmer is ?
1.Petty cash book 2.two column cash book
3.analytical cash book 4.three column cash book
(E)Livestock purchased will figure in
1.balance sheet 2. trading account 3.P/L account 4. current account


Arun Iyer
This Query has 2 replies

This Query has 2 replies

29 July 2010 at 14:53

material cost

DEAR ALL,

WHAT IS MEAN BY MATERIAL ANALYSIS AND HOW TO CALCULATE MATERIAL COST

WITH EXAMPLE

WITH THANKS
K.Arunkumar


sandeep sahu
This Query has 1 replies

This Query has 1 replies

29 July 2010 at 13:14

Implemention of IFRS

Dear Sirs
Can you tell me what is the exact date(i know it is being implemented in phase manner) of implemention of IFRS in india. Again the relevant date to measure the net worth of the company for its implemention.

Pl. forward your views .

With regards


Rajiv
This Query has 4 replies

This Query has 4 replies

Under normal calculation why don't we add tax savings on depreciation under calculation of Total Cash inflows and outflows??
We use the net cash inflow/outflow to calculate IRR and it include tax shield on interest as outflow.
Why tax shield on depreciation not included????






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