Dear Sir,

i have appeard in CPT, result vl b announce upto 15 Jan.

I just want to know the best reference book for IT/COST/FM/ACCOUNTS ...

i just want to concentrate on study material and only a singal reference book for my practice...

suppose a co. has taken loan of $10000 at 10% interest p.a with exch.rate-$1=Rs40 on 1.1.09. exch.rate on 31.3.09-$1=Rs 45. Now what amount will be charged to P/L and what amount will be treated as borrowing cost.

While preparing cash flow statement in last year balance sheet proposed dividend is 100000 & in current years it is 200000,
then what shld we do in such a case?
I mean wat & where shld we do add & less also With reason y so?

I am using Tally 9.3

Up to the last financial year i had maintained inventory in tally. But for the current financial year i am not maintaining inventory in tally. now for the finalisation purpose, i need to update the stock value in the tally. How can i do this??????
Please Help!!!!!!!!!!!!!!

Dear Experts,

our company have purchased some pan drive for out office staff for their official working.
Is this is part of printing & Stationery or not. Total 5 pan drive purchased cost of Rs.2000/- please advice what would be proper exp head.

Is purchase of foxed assets deducted & sale of fixed assets added in cash flow statement in investing activities?
If yes then why?

Dear Sir/Mam,

A Co. is imported material, at the time of payment they are debited/credited the exchange diff. in respective material a/c. When i told to them that according to AS-11 this diff. should be debited/credited to P&L a/c instead of Material a/c , but they said that purchase a/c is also a part of P&L a/c.
So now tell to me that whether it should debit or credit in respective material a/c or in P&L a/c?
Also they are doing same treatment with Sale.

Dear sir

I have a client Flemino Dutyfree which have incorporated at 8 years back.
it is open a Duty free shop(on of Profit Centre) at Airport and start buisness from 1/6/2008 but it has incurred some expenses before starting tha buisness at airport so what is the accounting treatment of these expenses plz note it Company already incorporate before

Are there any limitation for giving loans by a privare limited company. I have heard that if loans exceed by 50% of paid up capital it is regarded as NBFC. Please Heip

The cost of the asset is Rs 1,00,000.The life of the asset is 10 years. The wdv at the end of 10 year shouls be NIL. How to calculate the rate.Please explain in detail.