Wat is the Concept of "Mark to Market Margin" in F& O Trading and how it is accounted ?


Is it a Nominal account or a real Account ???

Please inform me “ suppose I have to put the opening balance in tally9 from the last year(31st march 2010) closing data
1- for this regard should I take trail balance of last year (31.03.2010) from tally to put opening balance
2- or I have to wait balance sheet for the year ended ( it is not yet prepared)

I have although try to put the data having Trail balance but there is some difference,

Please tell me what would be the best way to put the opening balance from last year closing balance

Please inform me if I have a Co.(form 1.04.2009 to till today) on tally9, now I want to create same company on tall9 from 1.04.2010 to 31.03.2011, since there is large number of ledger account in my company on my tall9, kindly inform me the way by which I could not have to recreate same accounts what are with the company since the date of creation 1.04.2009

Regards

Prabhakar Dubey

Hi All,

Pls Clarify me regarding the following..

How to treat R&D cost in the books of accounts?

when it will be deffered ?
when it will be revenue?

if it is deffered howmany years we consider in pharma companies?

Dear Sirs,

One of the Company has borrowed term loan for purchase of Fixed Assets. Please clarify as to whether the processing charges paid by the company to the bank needs to be capitalised?

Thanks in Advance
Dharmaraju

over subscription ,under subscription of shares define them

what is the meaning of contigent liability ?

Sir,
Please tell me whether the perquistes are taxable or not as per the union budget 2010 & how to account for them in books of accounts, any kind of exemption limit is there or not

Suppose I have buiding under Construction, which is shown under Capital WIP. Will depreciation be allowed on CWIP as per Companies Act and As per Income Tax Act.

differentiate between reserves & provisons