Can a loan accout be opened in the name of Managing Director in the private company where in which his day-to-day deposits and withdrawl can be recorded. As in a private company the Managing Director provides maximum fund and does frequent withdrawls.

Can a private company take loan from its director, is there any limit to it. can a director transfer his personal assets to the company and at what price, can the same be shown as a loan to the company. Is he entitle to interest at 6% p.a on that loan

Self balancing ledger is use for what?

Can a builder capitalise the interest cost of term loan availed for the purpose of building flats (for sale) as per AS 16. Since flats are the current assets of the builder can they be classified as qualifying asset ?

Ankur Bansal

can any one send me a execel format for form3A and 6A where in one sheet we enter a data and in other sheeet form3a generated automaticly

Sir,
My Co. want to declare interim dividend. Can you suggest me what entries I have to passed from proposed to payment of dividend.

Why it is necessary to maintain BRS? Give answer in weightage of 20 Marks Or with refrence to 20% Of Any exam.

Which AS deals with preoperative expenses?can anyone provide the guidance note on preoperative expenses issued by ICAI?

Hi experts,

Can anybody tell me that, What is "Dearness Allowance" and It's applicability..?

Thanks!
Vijay

Dear Sir,

We are following cash accounting system. We
do not maintain any balances of sundry debtors/sundry creditors. We book income/expensive as when is received/paid.My
question is if party ask for balance confirmation as 31/03/2009 and statement of account,what should I do?, should I give payment received/paid statement or statement of account(as per mercentile).

Please help.