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Anonymous
This Query has 2 replies

This Query has 2 replies

Whether staff salary (of all employees) will be treated as direct or indirect expense for a hospital ?

pl guide .....



SUDARSHAN
This Query has 2 replies

This Query has 2 replies

04 February 2010 at 12:02

urgent & important

I am working in ABC Company. I sent Purchase order to Mr. A. Mr. A accepted the purchase order and replied me on Mr.A's letterhead in written that he is sending the goods from his B firm which is his sister concern but the billing will be done by Mr. A firm.
We received goods on dilivary challan of B firm. Later we received Mr. A's bill and we made the payment to A.
Now Mr. B is claiming the amount of sent goods.
Now we came to know that there is not any connection between Mr. A & Mr B.
Mr. A made dummy Purchase order of ABC [ My Company ] to Mr. B and asked B to send the goods to my company. He took money from us not paid to Mr. B.
Now Mr. B is claiming the amt of sent goods

Plz reply what should i do ?, it urgent and important.

Weather my company found guilty in this transaction?



Anonymous
This Query has 1 replies

This Query has 1 replies

04 February 2010 at 10:05

Bonus

Hi All,


how is bonus calculated and how it is accounted.
what is the impact of bonus while finalization for income tax purpose.


Sandip Pandya
This Query has 3 replies

This Query has 3 replies



If A has sold his Residential property at Rs.25,00,000/- in 2008-09 which was purchased at Rs.3,00,000/- in 1981-82 and purchased new residential property in 2007-08 at Rs.12,00,000/-, what would be the accounting entry in books.


Guest
This Query has 1 replies

This Query has 1 replies

03 February 2010 at 20:23

Journal Entry.

A is doing Share Trading business.

1. A gives cheque for initial margin to
say Sharekhan.

What is the journal entry ?

2. A buys 10 Shares of IDEA Cellular ?

What is the journal entry ?

3. A sells 10 Shares of IDEA Cellular ?

What is the journal entry ?

4. A gives cheque for the obligation of
10 Shares of IDEA Cellular to Sharekhan.

What is the journal entry ?

5. How do create ledger and under what
account head,'Sharekhan' shall
appear in Tally.

6. How do create ledger and under what
account head, 'Purchase & Sale of IDEA
Cellular Shares' shall appear in Tally.

Await experts' advise / views / suggestions.



Anonymous
This Query has 5 replies

This Query has 5 replies

03 February 2010 at 18:07

Change from FIFO to Lifo

Dear Friends

change in methode of valuation of Invetory from FIFO to LIFO is change in accounting Policy or change in accounting estimation.
Kindly clarify



Anonymous
This Query has 2 replies

This Query has 2 replies

02 February 2010 at 23:45

problem in answering ques...

hi sir, mam
m pcc student,
i have already given 2 attempts n everytime scored around 55.....
my major problem is everytime i cud not complete whole of my xam paper,,,
please tel how to attempt my practical papers so that i cud attempt whole 100 marks paper



Anonymous
This Query has 2 replies

This Query has 2 replies

02 February 2010 at 18:08

enquiry

i just passed CPT exam in dec 09' . now please suggest me how to prepare for ipcc exam in dec 10'


joginder
This Query has 2 replies

This Query has 2 replies

hello every one,

I want to know

Whether the insurance of new purchased car will be capitalized with value of car or not.

In AS 10 on Fixed Assets i do't found any thing regarding it.

Is any guidelines available relating to it?


CA PAWAN SETHI
This Query has 1 replies

This Query has 1 replies

02 February 2010 at 11:58

Entry for material received

What wii be the effective date to entered Material received in the Books.
1. Material received at factory gate.
2. Material sent to store.
3. Material sent for quality control






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