Sir,
Whether AS-7 is applicable only for civil contractors? Or it is applicable for contracts other than civil contractors?

If it is not applicable to contractors other than civil contractors, where it is mentioned in AS-7?

If a service provider not perform the complete service contract and against this contract customer deduct a penalty or made payment with deduction then deduction amt treated as a discount(sale reversal) or sale expenditure

how to analyse the balance sheet and P&L?

which type of asset can be taken in fixed assets. whether heater, heat convector, calculator, can be taken in fixed assets. please clarify the fixed assets. whethere therei is any software for fixed assets

SIR,

CAN ANYONE SEND ME FORMT OF PROVISIONAL BALANCE SHEET FORMAT OF PARTNERSHIP FIRM

PLZ REPLY................IT IS URGENT

THANKS

Dear Sir,
Kindly give me the professional tax slab rate financial yer 2010-11

Please let me know the difference between P & L adjustment account and P & L appropriation account.



Thanks.

why we add increase in current asset and decrease in current liabilities & deduct decrease in current asset and increase in current liabilities FROM OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES aS pER AS-3??

Kindly explain with current asset example of prepaid expenses and current liability example of Outstanding expenses?

THank you.

Can any one please help me to solve the given problem?

Purchase Price per component=rs.100
Cost of an order=Rs.50
Annual cost of carrying one unit in inventory =Rs.10% of Purchase Price
Total cost of carrying of inventory and ordering cost Per annum=Rs.1000
The company has been offered a discount of 1% on the price of the component provided the lot size is 500 components at a time.

a.Calculate the EOQ
b. Advice whether 2% quantity discount offer can be accepted.

Would your advice differ if the company is offered 5% discount on a single order?

Can any one please help me to solve the given problems:
1.Budgeted factory overheads=Rs.16,50,000
Factory overheads incurred during the month=Rs.16,20,300
Absorbed overheads during the month=Rs.16,17,100
Budgeted labor hours=50,000hrs
The actual labor hour worked for the month=?