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Sultan
This Query has 2 replies

This Query has 2 replies

15 July 2010 at 17:09

Calculation Of EPS

Dear Experts

Please explain me how EPS is derived from the following data :

Net Profit 274840

Equity Shares (1st six months) 10000 sh
(Further Issue) 9680 sh
TOTAL No Shares 19680 sh

My boss has calculated EPS of Rs.10.36/-

Thanks


Ramu.G
This Query has 2 replies

This Query has 2 replies

15 July 2010 at 17:03

what is meaning of SOX

hi friends what is the meaing of SOX.



Anonymous
This Query has 2 replies

This Query has 2 replies

15 July 2010 at 15:35

Account

how to make entry for bad debts


Guest
This Query has 2 replies

This Query has 2 replies

15 July 2010 at 14:27

Depreciation

Dear Experts,
Please,Resolve one query

There is supposed to be a asset under Block 1 on which we were charging depreciation at the rate 15% for 3 yrs but the problem is that asset doesn't belong to this block it belongs another assets block on which depr.is provided at 10% this mistake come into light after 3 yrs
Now, i would like to ask :
1. What Will be the treatment of Excess charged Depr. in prev yrs ?
2. how that asset will be taken under other Block ?
Please............

Thanking You!


Prashanth
This Query has 1 replies

This Query has 1 replies

15 July 2010 at 13:05

AS-18(Related party)

1.X (Director) Holding substantial Shares in PQR Ltd and also X’s is a partner in XYZ firm during the year financial year the Partnership Firm(XYZ) has supplied raw materials and rendered other services to the PQR ltd Co, in which X’s has no interest in such transaction. Company on his own interest had made the transaction with XYZ firm.


Query
a) In the above question it Clearly shows as X’s has no interest in the above transaction , Now whether the above transaction should be treated as related party and should be recorded in the 301 register of the company act 1956?

b)In what way a transaction said to be related party transaction?




2.X (Director) Holding substantial Shares in PQR Ltd and also X’s is a partner in XYZ firm every year the Partnership Firm(XYZ) supplies raw materials and rendered other services to the PQR ltd Co, in which X’s had interest ,but during the Firm has not supplied any raw materials to the firm.

a).Whether any thing should be written in the 301 register of the company act 1956?



CA Shraddha Bankar
This Query has 4 replies

This Query has 4 replies

15 July 2010 at 12:44

Capitalisation of Fixed Assets

Is there any provision in Co. Act that if value of fixed assets (suppose P&M) purchased during the year exceeds 10% of WDV then it is to be capitalised ? Or does AS-10 contains any clause regarding it ?


Ramu
This Query has 2 replies

This Query has 2 replies

15 July 2010 at 12:15

Genaral Ledger

Dear sir,

What is genaral ledger process?

Regards
Ram


Finalist
This Query has 4 replies

This Query has 4 replies

15 July 2010 at 12:12

entry od post dated cheque in tally

How to pass an entry in tally when we issue a post dated cheque?

Or what is the best treatment for post dated cheque?


BHAVESH
This Query has 2 replies

This Query has 2 replies

15 July 2010 at 08:42

Entry

can anybody give the entry of Interest on PPF & NSC and also give the head under which it will be shown?


swarupa
This Query has 3 replies

This Query has 3 replies

14 July 2010 at 16:09

AS-26

Need to connect with someone who is an expert on AS-26.






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