Dear,
The company Purchase One Motor Car by the cheque and Buy Insurance for motor car and premium paid by the saparate cheque.

What will be the Accounting entry and where I get valied document to prove that matter.?

in a balance sheet we are amortised preliminary expenses or other this amortisation is based on company policy or any fixed percentage what is the amortisation shows

Hi,
I want to know about account of Construction/Infrastructure Companies. In these companies, does it something different accounting than other field (IT/Other Co.).
Plz let me know. (briefly)

In preparation of accounts related to foreign branches which exchange rate should be used with regard to:-

a)fixed assets

b)depreciation

Can can any one help me ou with this :

How are the foreign exchange difference accounted as per schedule vi and as per AS 11

Dear all

I have to calculate Debt/Equity ratio and Return on Equity for a co-operative. There are many funds in the balance sheet like education fund, advertisement fund, development fund, capital contribution fund,reserve fund, depreciation fund etc. what is the value of equity while doing Debt/Equity and the value of equity while calculating ROE? Can I include all these funds in net worth. Please help me.

it has been heard that provisions under section 270 (1B) related to same management company has been deleted by Company's (Amendment) Act 2000...
but whether this will effect the criteria on disclosure of Schedule VI to show in loans & advances and Investments, as same management company (if exists)..and how that can be well determined?

I require small clarification

1)when there is a capital reserve in the balance sheet it entity may be desired to take any capital asset

Then accounting treatment for that is

asset a/c dr
to bank

and any accounting treatment for capital reserve

2)when the reserve is utilised for any purpose thing is that Ivestment is made in an entity

What will be the accounting treatment for reserve

Hello Friends
I want to know the accounting of tools and dyes that whether they are to be treated as Fixed assets or consumabels and what treatment they are to be given in accounts

A company for its expansion purpose inagurates its branch (Manufacturing Unit) in the mid F.Y. 07-08 in other state, where the company incurs all the revenue expenses (viz. Car Expenses, Electric Charges, Flat Rent, General Exp., Staff Welafre, Postage & Stamp, Printing & Stationery, Professional Fees, Telephone & Traveling Expenses) and till the F.Y. 2007-08 production is also not started. All the abovementioned Expenses are directly attributable to such Branch, Can these expenses be Capitalised and added to the cost of the Project, Can these be recognised as pre-operative expenses and added to the work in progress?