Thanks for reply
This project going to be a sep. legal entity in that case same rules apply?


We have started one project and all expenses related to that project am debiting capital WIP.Now we have purchased a vehicle exclusively using this project. I have doubt whether i accounted as fixed assets or as capital WIP

Kindly clarify the doubt

Thanks in Advance
Jagadish

We have started one project and all expenses related to that project am debiting capital WIP.Now we have purchased a vehicle exclusively using this project. I have doubt whether i accounted as fixed assets or as capital WIP

Kindly clarify the doubt

Thanks in Advance
Jagadish

what are off-balance sheet items. why they are called so? & its importance.

regds.
s.kumar.

What is the salary stucture and what should be the percentage of basic of it as per laws

what is the deffered revenue income and it is shown in the accounts books and what also the treatment of deffered expenditurs treatment

what is accountanting standards

if an individual received bonus share from the company then what a/c he should credited in his books.

Dear Madam/Sir

An individual owning a property enters into a joint venture with a company to demolish the existing property and construct the residential flats on it for sale to the common public.

Is AS-7 applicable to the company.

Regards,
Jyoti

What are the pre requisits to comply with AS 9 in case of sale of goods?

I mean what are the things we should have, to book sale in books to comply with as 9?

Hi all,

i have one query regarding stock
i am using tally 9

suppose purchase is 100 mt @ 1250 Rs/Mt total amount is Rs.125000.

i am giving this 100 mt for cleaning process, after cleaning process i am getting 90 mt as finish goods.

can any body tell me what would be finish goods value and what would be cleaning loss amount.

please also tell me which entry to pass in tally and how.

thanks in advance for your co-operation.
hemant