How to deal with interim dividend and final dividend while dealing with CFS?

Can anyone help me to finalise Balance sheet .. need step by step procedure for finalisation of Balance Sheet , wana know abt provisions , can anyone help me in this matter.

A company made a public issue of 1,25,000 equity shares of Rs. 100 each, Rs. 50 payable on application.The entire issue was underwritten by 4 parties - A,B,C and D in the proportion of 30%, 25%, 25% and 20% respectively. Under the terms agreed upon, a commission of 2% was payable on the amounts underwritten. A,B,C and D had also agreed on 'firm' underwriting of :
A : 4,000 shares
B : 6,000 shares
C : nil
D : 15,000 shares.
the total subscriptions, excluding firm underwriting, including marked applications were for 90,000 shares.
Marked Applications received were as under:
A : 24,000
B : 20,000
C : 12,000
D : 24,000
Ascertain the liability of the individual underwriter if:
1. firm underwriting is treated as marked applications,

2. firm underwriting is treated at par with unmarked applications and its benefit is given to all the underwriters in the ratio of amount underwritten.

The company has conducted a feasibility study for upgradation of the plant capacity from ABC vendor. For commercial benefits,the company has tied up with another vendor XYZ for carrying out the the upgradation process. However, the company has decided to defer the upgradation by another year. There has been a purchase of a blendling line made from vendor XYZ to facilitate the transfer of a higher capacity. Can the cost of feasibility study paid to Vendor ABC be capitalised alongwith the blending line or else as a technical know how under Intangible assets?

which author book is preferable for more practice of sums in accounts and costing FM for CA Pcc november 2009 exam

A company has been incorporated in 2005. up to the y/e 31.03.2008 the company was creating deferred tax liability as the book profit is more than tax profit due to high rate of depreciation. the company has only fixed assets for calculating deferred tax. till 31.03.2008 the accumulated deferred tax liability has came to Rs. 19114/-. as the company has not purchased any new assets till date, first time tax profit has exceeded the book profit and i have arrived at deferred tax of Rs. 30,855/-. what the entry should i pass?
according to me :-
Deferred Tall Liability A/c Dr
To Profit & Loss A/c.
As i have credit balance of Rs. 19114/- in deferred tax liability a/c, the balance as on 31.03.2009 ubnder deferred tax asset will be Rs. 11711/-. i.e Rs. 19114 - 30,855. is my entry is correct. one of my friend says that, first i have to debit D T L and credit P & L for Opening bal of Rs. 19,114/-. after that i hav to debit DTA & Credit P & L for Rs. 30,855 for current year. which one is correct?

Can anybody tell me about AS-18
please send me full as on my email id

my email id is
jeewan1980singh@gmail.com


thanks in advance

SIR,I LIKE TO KNOW THE ACCOUNTING TREATMENT OF TAX WHILE PREPARING CASH FLOW STATEMENT AS PER AS3 IN INDIRECT METHOD.
THANKSSSSSSS

A Company has deprn only as an item involving Deferred Tax. Since Income Tax Deprn will always be lower than Company Rate of Deprn.,it will always have Deferred Tax Asset.What will happen to this DTA?It jus keeps on accumulating,na?

Dear sir,
plz suggest me with your valuable tips
for accounting standards as I am facing lots of difficulties in solving questions on AS.
Thanks and regards