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Dear Sir
An asset is purchased out of loan availed from bank, can I take depreciation as well as interest on loan in P&L.
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Pls explain me below things,
raw material
stock in process
finished goods
stores items
spares items
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Please tell me how the brand names of multinational companies such as Nokia, Sony, Dell etc. is done in the books of accounts???
What is the treatment for it under AS 26 Valuation of Intangible assets???
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I have a query in accounts .........please solve it(IPCC)
Situation: If We are preparing investment accounts for financial year 2009-2010 then
Mr. A purchased 500 equity shares on 1st april 2009 @ Rs 18 per share(FACE VALUE Rs. 10). Dividend declared on 1st may @ 10%. Since we are receiving dividend for the 2008-2009 but we create the investment account with the dividend which we receive in 2008-2009 . Why we credit investment account with amount of dividend which we recieve of previous year please tell me the logic behinnd this
This Query has 1 replies
I have a query in accounts .........please solve it(IPCC)
Situation: If We are preparing investment accounts for financial year 2009-2010 then
Mr. A purchased 500 equity shares on 1st april 2009 @ Rs 18 per share(FACE VALUE Rs. 10). Dividend declared on 1st may @ 10%. Since we are receiving dividend for the 2008-2009 but we create the investment account with the dividend which we receive in 2008-2009 . Why we credit investment account with amount of dividend which we recieve of previous year please tell me the logic behinnd this
This Query has 1 replies
Dear Sir
My company encaged in an own project, some of the assets already completed but the project still pending. We took these assets under Capital WIP because the project yet to complete, weather this view is currect one. If, not please provide exact points.
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Dear Expert
Which accounting standard should I go through for accounting of various revenue expenditure ?
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What is amount allocable as bonus
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kindly can u tell me clearly about basic difference between merger,acquisition,joint venture and amalgamation. i am little bit confuse about above four terms
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Respected sir....
I am Mfg company sir i want to whats rate of consumption materail please give me some formulas....please help me?
1)Raw Materail Consumption Simply Formula
2)Finishd Goods Formula production valu?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Interest on asset