If the CA has certified aprovisional balance sheet of one of his client. But the amount of stock was by mistake taken as 119 cr instead of 1.19 cr resulting in to increase in profit.

My query is can that CA correct the mistake and sign back again.
Will the CA be held liable in this situation?

please clarify on urgent basis.
Thanks in Advances.

I have a co. A/c in Tally (9 or 7.2) for 1-4-2006 to 4-3-2009 and another records for the same co. from 5-3-2009 till date. How can i consolidate both of them as the two are the same companies but different accounts have been maintained

Hi friends
A machinery was purchased 50,000 on 01/04/2007. depreciation rate is 10% and we are maintaining provision for depreciation. What would be journal entries and how the provision will be created for 2 year( 31-08-08 & 31-3-2009). Please suggest me ASAP. Friends waiting for ur answers

Monia

I want to know how to make an entry for depreciation in tally. Also is deprecition to be charged on each item date wise (ie date of purchase) or we can take a base date?

I m doing the audit of a Private limited co...
The Company has received subsidy from government against plant & machinery of Rs.1014900 on 11/what is the treatment of te same in the balance sheet & how can i disclose the same in Notes to accounts.
Plz advice soon

I have added one part to my existing old asset and the part is not increased the productivity a or life of the same old asset.Whether i will capitalise the part under the old asset or not.If yes what is the reason plz suggest.

My salary is 35000/- How to calcuted the HRA

DEAR EXPERTS
IN PVT LTD CO INCOME TAX WHAT WE PAY TO THE GOVT IT WILL BE TREATED AS EXPENDITURE?

balance of the petty cash book is an asset or an income

Hi,

Please clarify whether a change in assets in laibilities between two yerars can be entered in a cash flow statement. To my mind, CAsh flow should contain the sources & application of funds in a year. The change in the assets & liabilities comes in a Fund Flow. Please clarify.