We have old assets being depreciated at WDV in Financial Books. Now We want to buy Assets 9 Plant & Machinery ) and depreciate them at SLM.
1.Is both method allowed?
2.If Allowed what is the procedure?
3.What disclosures are required?

If director purchase a mobile phone and paid the amount from company can we treat that mobile is company asset?

and same case in employee

any one provide full information on brs

hello all
plz send me reply

what is gaap
what are the principle in it plz explain it
widely with example if possible


thanks

I want to know that is it possible that we can do posting in ledgers without journalising it on paper as well as in mind ........i mean tio say that is it necessary to either think or to write journal entries while posting in ledger?

can we do posting in ledger with raw data without jounalising it especially in case of companies.......?

If we open securities premium a/c , share discount a/c , calls in areears a/c , share application a/c , share allotment a/c and calls a/c in ledger than it is necessary to pass jounal entries and if we do direct posting than is there any chances for mistakes?

I tried .i am able to know when will the account will be debited or credited but not able to know the opposite account without the help of journal entries ..........

please reply

tell me the best book for advanced financial accounting paper of ICWAI inter 2002 syllabus?

hi friends,
presently we are using focus 5.5 software for inventory and stores Mngt and now we are going to upgrade it focus 6.0 version and bought for Rs.55000
hence is it revenue exp or Capital
plz suggest me

Dear sir

Please tell me PF rate & contribution details.


Regards
Ram

Is there any restrictions as to how many times a company can declare an interim dividend during a particular financial year.
Secondly is it necessary to open a separate bank account every time an interim dividendis declared?

Can a company use an account once opened for subsequent distribution of interim dividend?
Please clarify!

What is diffrence between consumption of raw material & purchase of traded goods