How to post the journal entry/voucher when the company issues any Gift Vouchers for free to somebody. The gift vouchers will be redeemed later while sales. How to post JV while issuing the Gift voucher and while redeeming it.

Dear Friends,
In our company three cars were purchased & fitted with a CNG kit. Expenses for conversion into CNG were debited to the Fixed Asset itself. I have heard that a car engine running on petrol has a longer life as compared to engine running on a CNG. Since we are following W.D.V. method with a fixed rate every year, is it possible for us & our management to shift the current rates to higher rates for the above given cars. Can these have a higher rate of depreciation than the normal ones. Please help me on this

1. WHAT IS THE DIFFERENCE BETWEEN SALES,TURNOVER,AND REVENUE?
2. WHAT IS NEGATIVE INCOME?
3. WHAT IS THE DIFFERENCE BETWEEN BILLS RECEIVABLE AND DEBTORS?
4. WHAT IS ESCRO ACCOUNTS?

Dear Friends,

After registering a Trademark how will i write it off from my books of accounts. Normally Trademarks are registered for 10 years as per the rule, after 10 years it has to be renewed, but in books of account till what period it can be reflected & how will it be amortized.If i want a trademark or a patent to be for 5 or 6 years in my books can i do it, what will be the depreciation or amortisation rate on it. Please help me

One of our client as Pvt PF trust , where they put all there employees PF amount in that and then PF Trust invest that PF amount collected by the compnay from there employees in market, is there any option that out client can declare ZERO interest for FY 2008-2009 as market was week ,
if yes what is the section and clause.

there exits holding subsidiary relationship at openning of the financial year. During the year holding company sold some shares and became an associate. The question whether Consolidated balance sheet is prepared as a subsidiary or as an associate?

how can i do credit card entry plz give 4 entry of payment , expenses, repayment , point earn or rewards get from credit card co.?

what is the accounting treatment when we transfer our shares to a potrfolio management services and when they sell on our behalf. will it be a tranfer ?( as they sent a statement showing that they acquired shares from us on market price prevailing on date of transfer and sent a cheque after deducting the chargeswhen the shares are sold)

if date of incorporation and commencement of business is not same which date is to be considered to decide pre and post in corporation period

Dear Sir,
Consider the following example:
H Ltd is holding company of A,B,C & D Ltd.
A & B Ltd having a Goodwill of Rs. 10,000 each in their balance sheet (before holding - Subsidiary Relationship exist)
While preparing a CFS for H Ltd. a capital Reserve Arising out of above four subsidiaries say Rs. 135000/-
Query:
1. Whether Capital Reserve arising on CFS can be netted off against Goodwill in A & B Ltd and Shown as a capital Reserve in CFS of H Ltd as Rs. 115000 (135000-20000)?
2. If yes, whether it amounts to Impairement of Goodwill, since the Goodwill was not arising on Consolidation?