Accounts QnA [Resolved]

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A learner

This Query has 2 replies

16 February 2010 at 13:18

Depreciation

Hi All,

Query Ist
Companies Act says or suggests to depreciate 95% of assets???

I mean can i depreciate 100%??? or is it mandatory to stop at 95 %.

2nd

Further Can a item like mouse be capitalized with say amount 200 and Depr. with rate 100%( assume not taken along with PC) or i have to show it as repair and maintainence??

same way a pen drive worth Rs 1500 should be capitalized???

CA Alina Pradhan

This Query has 2 replies

16 February 2010 at 12:04

Raw material

Jatin Singh Negi

This Query has 4 replies

16 February 2010 at 00:31

Accounting standard disclosure

I want to know whether the disclosure of accounting standard is
mandatory,
optional or
subjected to the regulations and pronouncements

TOUFIK

This Query has 2 replies

15 February 2010 at 20:11

what is cash loss how calculate it? what is networth?

(A)i am having reliance annual report which show cashprofit i try to calculate my self but i am unable to come on right answer pls let me know how calculate cash profit & its exact defination.

(B) WHAT IS NETWORTH HOW CALCULATE IT.

TOUFIK

This Query has 1 replies

15 February 2010 at 20:03

construction accounting concept

Please let me know the the concept of construction accounting in both form as a developer how to keep accounting & as a contractor how to keep accounting

CA Mukul Mittal

This Query has 2 replies

15 February 2010 at 18:09

Providing Amendments of AS 11

Can anyone please provide me the new provisions of AS 11? What is the procedure to apply the same on the companies???

Purushotham

This Query has 3 replies

15 February 2010 at 18:08

Fixed Assets

We have recently sold out our company's fixed assets like furniture & vehcile.... can anybody help me what could be the accounting process for it?

deepak Kumar yadav

This Query has 3 replies

15 February 2010 at 17:16

Advance cash for expenses

What will be the entry if i Paid advance(in cash) to my peon for Expenses

reshma

This Query has 1 replies

15 February 2010 at 17:04

net worth

Dear Experts,
Pls. tell me how to calculate net worth of an individual, who is partner of a partnership firm. Pls. give me format for the same.

thanks.

Rahul Prakash

This Query has 1 replies

15 February 2010 at 12:24

Journal Entry

A Club, engaged in maintaining a restaurant in it, is providing free meals to its staffs. They are accounting the expenses in normal purchases. How to show the free meals provided to staff in accounts without ascertaining the particular purchases amount and through journal entry???