Hi All,

I have a query relating to posting on rent expense as per US GAAP.Let us assume in 2009 we booked rent $5000 which should be $25000. now we are at march and december 2009 financial closed and audited as per US GAAP.
can you please tell me how we book this $20000 in current financial?
If you u want some more information just let me know.
Thanks,
Anil

did anybody tell me about how to accountfor chit transactions.

Will AS_9 is mandatory in 2001-02 financil year for public limited company

Dear Sir/Madam,
What will be the effect of loss on investment at the time of preparation of cash flow statement as well as depreciation at the time of preparation of cash flow statement.

Kindly give me the details regarding the loss on investment and depreciation as soon as possible.May you also define the Direct Method and Indirect Method of Cash Flow.

Thanks & regards,
Raghav Jha

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

Whether the replacement of dyes of machinery after completion of its useful life which is used in manufacturing of food product? useful life of dyes are 2 years.

could anybody help me please?
Authorirised capital of a pvt ltd company is 20lacs,paid up cap-10 lacs,But during the year share holders contributed
Rs13 lacs, how should i show this amount in b/s, what would be it's journal entry?
and what formality is to follow in ROC?

Dear Sir,,

voucher maintain karne waqt narration puri likhni chaiye.?? Tally par voucher entry karte waqt kitni naration likhni chaiye??
pls give me answer

Regards
Kawal

Dear Sir,

bank ki deposite or party cheque deposite ka bhi hame voucher maintain karna chaiye ke nahi??

We have made provision for expenses in the previous year 2008-09 for the expenses to be incurred in the current year 2009-10 of previous year.Now if all expenses of previous year adjusted against provision for exp in the current year 09-10.my query is if balance exists in the provision for exp account in the current year 09-10 then what is accounting entry to adjust the balance?