Please let me know that Why do we transfer the profit before incorporation to Capital Reserve account?What if there is a loss?

what is the treatment of duty drawback received on export sale is this a direct or indirect income?

plz can anyone explain me what is the difference between internal reconstruction and external reconstruction

Dear Sir/Madam

Please provide the depretiation rete for computers used in finance department

hello everybody,

my attempt for pcc is in nov09. i have solved classes problems of accouts, but while solving compilation i find difference in answers & even steps in some problems. can anyone tell me whether problems of compilations are correct or not. i am confused.

please i wanturgent help?????

sir
i want to know responsibilities of Accountants, works which are tobe done regularly

Our company has acquired the following asset: Odyssey Server : Rs. 451670
Licence Fee: Rs. 122527
The cost of the same is "Billable to Client". The assets has been acquired to do exclusive work of the client.

Question: Can we capitalise the Asset in our Books? If yes, pls quote the relevant provisions.

i want to know the accounting treatment of prvision for bad debts and bad debts? We have 5 to six debtors that are unpaid from a year now I want to close the account but not 100% so I can pass the entry example below

bad bebt a/c......dr (under indirect expenses)
provision for bad debta/c (under what group should the provision of badbebts made)

Hi,

Please say me the treatment:
A Partnership firm have 4 partners the firm pay salary the salary paid is to current ac or to capital ac

Partner salary dr
to Partner capital ac or Current Ac

Please Say

please say the accounting standard followed for parntership firm to an accountant

Sir,

From Employer point of view, should a pvt ltd. company deduct pf from any employee whose age is 60 yrs, even if his Basic+Da is Less than Rs. 6500/-

Regards,
Abhijit