Shall we consider the minority interest while preparing consolidated cash flow statement. If so how.

For what purpose dividend equalisation reserve is created?

What is the meaning of carrying amount?

For what purpose Development rebate reserve is created?

what is deferred tax asset or liability?
When it becomes deferred tax asset or liability?

Hi Experts,

For share capital subscription purpose If i want to make a remittance to a foreign company through a private mnc Bank. Please tell me that

1} Is it mandatory to take Prior permission from RBI for this transaction?

2} What is the exact procedure & which documents will be require?

If possible please send the answer on below Email Address:
viju_shelke@yahoo.co.in

Dear sir,

i am making CMA data for bank loan purpose but i mentioned last 2 year figures. now i will mention current figures & previous year prjection what ratio OR percentage i will Take?

Please advice me

Thanks & Regard's

Rajesh Gawde

i am working in advertisement co we got a contract of billboard display and got the chq (50% of contractual amt) i passed the following entry as i am preparing MIS REPORT every month please let me know whethe following entry is correct or incorrect

dr debtor a/c
cr unaccrued income

when i got 50% of amt the following entry i passed

Dr Bank A/c
cr Debtors a/c

every month i am passing the following entry

dr. unaccrued income
cr. rent received bill boad

Hello friends.
I want to know about the accounting treatment of Marketing & Branding expenses incurred prior to the commencement of the operation of an new assets.
For example whether we should capitalize or expanse off the marketing expense incurred prior to the commencement of the commercial operation of an Hotel or let say before the launch of an product?
I have two different opinion on that first being that as we can not strictly identify the marketing & branding cost with any particular assets, such as building, land & hence it should be expense off rather than distributed over other assets. Second marketing & branding expenses are necessary to create demand or visibility for the company or the product, hence it should be capitalize over other assets.
Please suggest what is the correct accounting treatment for the same in view of AS-26, AS-10 & Any judgment by courts.

I have actually facing problem that if asset have been revalued middle of the year then should I charge depreciation on revalued amount based on from the date of revaluation to the end of accounting period, or i will compute and charged depreciation on revalued amount for whole year?