The Going concern concepts is the underlying basis for:
1. Stating fixed assets at their historical cost
2. Disclosing the marlet value of securities.
3. Disclosing the sales and other operating information in the income statemetn.
4. None of the above

which is true

what is fasb-52?

what is fasb-8 ?

Sir i required a salary certificate format because in my company their many employees whose TDS were not deducted reason because of their investment and these employee asking a loan from the bank and bank said to give the salary certificate. please provide me salary certificate format

Sir Please Tell Me What Is The Vat Adjustment Entry In Tally. When Sale Tax(Output Vat Including C.S.T) Less Than From Purchase (Input Vat).Ex.Output Tax 1000 (Including C.S.T)& Purchase 1500 Than What Is Entry In Tally. Please Sir Its Urgent.
Vat Adjustment A/c Dr.500
Output vat A/c Dr. 1000
To Vat Input 1500
Is This Entry Is Correct.If Wrong What Is The Correct Entry. Plz Sir Reply Soon.

Dear Sir,

What will be the accounting entry in the books of individual where glass has been broken which was purchased for flat and has been capitalised in flat under fixed assets .

And also please tell the accounting entry for the amt recd from insurance company twds furniture insurance claim on account of broken glass.

Regards

Ravi Konda

Accounting of free sample of goods distribute????

co is making a invoice for free sample but the value is showing nill.
for example
purchasr 100 units 10000 /-
sale 50 units 5000/-
free samples 10 units -
closing stock 40 units 4000/-
sale no profit no loss
gross loss 1000/-

Dear Sir

If the comapny paid an amount of 4 Lac in AY:2009-10, relating to previous year without have any provision in the previous year B.S, admittable as cureent year expenditure. If so how to admit it.

DEAR SIR,
WHAT IS THE PRIMARY PURPOSE OF THE JOB OF A ACCOUNTANT