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Murtaza I Bhagat
This Query has 1 replies

This Query has 1 replies

03 October 2009 at 17:23

About Depriciation & Depriciaiton Fund ?

Dear Sirs,
Hope You all are fine there

I would like to know that If a Computer & Peripherals Sales Business (Proprietership Business) has assets of Furniture,Moterbike,Computer,Printer,Scanner etc. How much Depriciation They have to Charge on Particular Assets ? & Also I want to know Would they have to Create Depriciation fund on Balance sheet or not ?
If yes Show me the Entry or if No Pls tell why ?
Thanks in advance


Kiran
This Query has 4 replies

This Query has 4 replies

03 October 2009 at 15:57

in accounts finalizatiion

hi,
one of my friend is finalizing his and his wife accounts, he is geting diff in opening balance, i told him to check the balance with last year final accounts statements, he checked all heads its correct, still he is geting the difference in the op.balance can you guide my friends, any other ways to check the same.

regards

Kiran


Pratik Nitin Vyas
This Query has 3 replies

This Query has 3 replies

I The Student Of CA Inter & M -Com Would Like to have Accounting standard notes with full of examples including each matter discuss under the AS because i have to prepare for the exams so please help me . please please please.


Accounting Standard Regaring AS 17, 20, 22, 25. With Examples Please Help.

My Email ID is vyas_pratikca@yahoo.com
can mail me any pdf, word or excel files with lots fo examples so please help me as far as possible & also tell me the book that is most preferable & good to understand accounting standard in depth please also mention the author name & were it is available.


please do the needful very urgent in need. Thaking You All Experts In Advances.


Regards,

Pratik N. Vyas


shyamsoni
This Query has 2 replies

This Query has 2 replies

03 October 2009 at 14:08

accounts

what is contingent liability?


Kanika Garg
This Query has 2 replies

This Query has 2 replies

03 October 2009 at 14:05

Allottment

If shares are not allotted for than 3 yrs. then what treatment should be given to the application money which stands in my balance sheet?

Secondly,Is there any statutory guideline for this?

Plz resolve this and oblige.


Satish Makam
This Query has 2 replies

This Query has 2 replies

03 October 2009 at 12:57

Audit Fee Provision

The entry to be passed for audit fee at the year end is
whether
audit fee Dr.... XXXX
To Audit Fee Payable XXXX

or

Audit fee Dr..... XXXX
To Provision for Audit fee XXXX

Please Clarify my doubt with relavant Base. Thanks in advance


CA. Mala Rohara
This Query has 2 replies

This Query has 2 replies

03 October 2009 at 12:01

Coal related expenses

Under which head following expenses by a soya oil & DOC manufacturing company can be entered:

1. Charges for Coal Feeding in boiler
2. Coal Smenling Charges
3. Ash Shifting Charges


CA.Vishal Kumar
This Query has 4 replies

This Query has 4 replies

02 October 2009 at 22:20

Payment to Director

Is any payment made to directors of a private company apart from remuneration will attract Section 314 of the companies Act 1956. If yes, what is the limit till which payment can be made. If the remuneration is zero then what will be the consequences.


AMOL TANAJI BHOSALE
This Query has 1 replies

This Query has 1 replies

Hello Sir,
I am very happy with ur valuable reply for my queries.

I am facing problem of preparation of Balance sheet for one hotel industry.

So can u able to provide me the format for the same

Thanks & Regards,
AMOL BHOSALE
Article Assistant


selva
This Query has 7 replies

This Query has 7 replies

01 October 2009 at 17:29

depreciation

i have purchased ( imported ) micro oven 500 numbers for use in our company and used only 250 numbers but balance of 250 is not going to put into use and we will not use henceforth.

can i claim depreciation on that and what is the effect on both under companies act and income tax act






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