can companies charge different rate of depreciation from that specified in companies act sec 349 or schedule 14.Can companies charge rate applicable as per Income tax act in financial books.

Sir

By which name should Dr balance of creditors be shown in Balance sheet of a proprietor?

Thanks

while following the inclusive method of accounting as per 145A. how the provision should be made for the vat or excise which are include in the closing stock of finished good.pl. give an exmple for the same if possible also give the accounting entry

IS IT COMPULSORY FOR THE COMPANIES TO MAKE THE PROVISION FOR INCOME TAX?
CAN ADVANCE TAX OF PREVIOUS YERAS BE CARRIED FORWARD TO PROFIT AND LOSS ACCOUNT?
CAN TDS CAN BE TRANSFERRED TO PROFIT AND LOSS ACCOUNT?
WHAT HAPPEN IF THE COMPANY HAS NOT MAKE THE PROVISION FOR INCOME TAX IN THE PREVIOUS YEAR?
WHAT ARE THE CONSEQUENCES IF THE COMPANY HAS NOT FOLLOWED THE SCHEDULE XI OF THE COMPANIES ACT,1956?

Sir,help me to prepare Accounts.
I didnt attend many of my cochng classes becoz of training.
I have my PCC attempt in nov09 and i m not able to complete full course.
Tell me Which chapters are most important for this coming attempt?
Which chapters i have to prepare first?

can you tell me what are the books tobe maintained in a manufacturing company & how the entries are tobe passed for each transaction?

What is the treatment of income tax refund in case of different assessee like company, NGO, trust, etc. In case of proprietorship firm or partnership firm we transfer it to capital account. In case of company if we transfer it to P & L appropriation account, can we distribute dividend out of it?

when compliance of AS 21 is mandatory

if an enterprise is a branch of a private company then Consolidation under AS 21 is required or not.

what is a diffrence of firm & pvt.ltd.company's account