Suppose a private limited company takes a plot of land on lease for 90 years by paying 1400000/- as per lease agreement, which is 70% of the lease rent for the period of 90 years. After the expiry of the period land will be returned to the lessor. The lessee will have to make the remaining payment of lease rent over a period of 2 years in equal installments. How will the transaction reflect in the balance sheet and P&L A/c.
What amount will be debited in P&L A/c?

How To Use the journal entry's some proparma plz Send to me mail id or

What is the Journal entry ? how to use it

That s mean
By Bank cahrages A/c

To party A/c

HOw to useful it plz give the infarmation?

Last year in p\l the provision for income was 12549/- and we paid it 12550/- due to this Rs. 1/- did stand in the trail balance, to prepare this year balance sheet how could I remove it(Rs. 1/-) tell me the journal entry

Net profit as per P\L is 100000, I have paid cash 15000/-as penalty, and as per company act depreciation is 10000 and as per IT 15000, then if I am correct – I have to pay the tax on 120000(100000+15000+(15000-10000))

Is the 20000 will be treated as deferred tax liability & hhow much I have to pay tax

SIR,

PLEASE GUIDE ME ON FOLLOWINGS:

1. WHAT SHOULD BE AN IDEAL Gp?
2. WHAT SHOULD BE IDEAL RATIOS OF MANUFACTURING ORGANISATION?
3. HOW TO BE ADJUSTED BUSINESS LOSS?
5. BUSINESS LOSS CARRIED FORWARDED, HOW IS IT ADJUSTED

THANKS

Dear Sir,

Kindly request you to tell me the excel format for how to prepare reconciliation of Debtors.

Closing Stock 31.03.2009
Computer: unit 1 10,000.00
Unit 2 10,000.00
From 01.04.2009 onwards
I wish to use unit 2 as an office equipment. What will be the accounting treatment?

iam preparing for interviews.i want some information on basic accounts, brs, final accounts, financial statements
please help me in this case

17. (a) The Alpha Electricity Company Limited decided to replace one of its old plants with
a modern one with a larger capacity. The plant when installed in 1960 cost the
company Rs. 30 lakhs, the components of materials, labour and overheads being in
the ratio of 3 : 2 : 1. It is ascertained that the costs of materials and labour have
gone up by 25% and 50% respectively. The proportion of overheads to total costs is
expected to remain the same as before.
The cost of the new plant as per improved design is Rs. 75 lakhs and in addition,
material recovered from the old plant of a value of Rs. 3,60,000 has been used in
the construction of the new plant. The old plant was scrapped and sold for Rs.
9,00,000.
The Accounts of the company are maintained under Double Account system.
Indicate how much would be capitalised and the amount that would be charged to
revenue. Show the Ledger Accounts.

pls tell anyone expert how are entry made in accounting of lc, we are importer and exporter and we have taken a lc for 90 days agst our import and gave 100 % margin as FDR. one more thing their exp like bank charges should be birurcate as financial year