Madam/Sir
On dtd.31.03.09, the balance of a bank in Bank Statement is Rs.47589554.37 but in our computer it shows Rs.46037430.17 a cheque of Rs.1552124.2 deposited in bank but not cleared which figure will show in Balance Sheet in the F.Y. 2008-09 (i.e., the figure of Bank Statement of Rs.47589554.37 or Computer figure of Rs.46037430.17). Plz. clarify with example.

Madam/Sir
On dtd.31.03.09, the balance of a bank is Rs.47589554.37 but in the computer it shows Rs.46037430.17 a cheque of Rs.1552124.2 deposited in bank but not cleared which figure will show in Balance Sheet (i.e., the figure of Bank Statement or Computer). Plz. reply.

kindly advise the amendment given in AS 11 is applicable to only for those who are having foreigh branches and reserves or applicable to all companies

how we can show computer software on assets list as per co act and as per it act ?

Pls tell me where difine assets in co act 1956.

Manufacuring company - their outputs are being transported by a transport company. Bill of that transport company is accounted in the manufacuring company's book under "Freight charges"

Now the manufacruing company bought TATA 407 vehcile to transport the goods. The fuel expenses can be accounted under "Freight"??

Pl clarify

Thanks in advance

what are the differences btw the terms CHARGE,PLEDGE, MORTGAGE, HYOPOTHECATION, REVERSE MORTGAGE....

Dear expert,
Please inform, if we are subscribed for two years for any magzine, under which head this exp.can be taken.

Plz clarify about following---

I receive a goods but bill not received till the end of the year,so what i treat for this
Plz clarify about journal entry and
effect of B/Sheet
effect of Trading
and also clarify about VAT treatment regarding this.

dear sir

I have started the business of Transportation.I Purchase transport from a contractor at mumbai to pune (service tax)& get rembursed the bill from the debtors in my debitnote

Eg: Transport charges: 750.00
S.tax 10% on 25% of above 19.00
ed cess 2% 1.00
SH CESS 1% 1.00
TOTAL PUR FOr PAY 771.00

Please say on what amt should be TDS DEDUCTED and at what rate.

Respected Sir/Madam,

My Query is as follows
There was fire in my office premises.
In That we lost PC Screen and some part of furniture.

Now we have done some furniture work so that we can continue with the work.

Furniture work is just for replacment of damages.

I Want to know is there any Guidence note for the accounting treatment of the above
or How it should be treated in accounts is it to be capitalised or Repair.