Hi Dear All,

Ours is an Electronics(Micro Processor Based Trainers,etc) Manufacturing company which got registered with Karnataka Sales Tax Department as well as Central Excise Department. We supply to the customer an Instruction Manual/User' Guide(we call it as User' Manual) along with our products to enable them work with our Product. Our question is whether we can claim VAT Input credit(like raw materials) on the User' Manuals which we got it printed from one of our regular printers who charges us KVAT @4%. If so can you please give the corresponding notification number also.

Thanking you in advance.

Regards,

Venkat

Which AS or guidance note deals with the accounting treatment of pre-operative expenses?

Thanks.

Capital Expenditure incurred on research activities. Accouting treatment of the sameis requested.

Dear All,

Now days I am attending interviews & following are some questions which I could not answer.
Please give me answers for all following questions , So that in next interview it will help me.

Similarly if you have any questionnaire & answers for Accounts Executive profile ply mail me at sandeepbhor2005@yahoo.co.in

SR NO PARTICULARS
1 TRADE DISCOUNT- WHERE IT WILL APPEAR IN B.SHEET

2 CAPITAL - HOW TO CALCULATE , ITEMS TO BE CONSIDER

3 WHAT IS BANK GUARANTEE & LETTER OF CREDIT

4 WHAT IS ACCRUAL /ACCRUED EXPENSES

5 INSURANCE PAID ON ASSETS WILL BE REV EXP/COST OF ASSET/PRODUCTION OVERHEAD

6 VALE OF ASSET NOT BECOM NIL -UNDER REDUCING/ANNUITY/STRAIGHT/WRITTEN DEP METHOD

7 PATENTS & RIGHTS IS A ASSET OR NOT

8 IN WHICH LOAN BANK ACTUALLY DOESN'T GIVE FUNDS - BANK GURANTEE/TERM LOAN./OVERDRAFT

9 WHAT DOCUMENTS REQIRED BY BANK FOR BANK GUARANTEE

what is the meaning of assets turnover?

what is the meaning of leverages?

what is the meaning of net worth?

Hello Friends
Actually I want to ask, when we increase the authorised share capital of the Company we pay the fees under Schedule X of the Companies Act, 1956. So can we treat this fees as Deffered Revenue expenditure and write off per year as 20%?or
whether we will debit it, totally to the P&L A/c as an expenditure of that year.
Is it Capital Expenditure or Revenue expenditure?

ABC Ltd. pays share application money to purchase shares of XYZ Ltd. The share are not allotted till 31/03/08.
In the B/S of ABC Ltd., under which head such payment of share application money should be shown?

SIR,
WE HAVE A SUFFICIENT KNOWLEDGE IN TALLY I KNOW ABOUT BRS REPORT IN TALLY BUT I FACED ONE PROBLEM.THAT IS IN A PARTICULAR MONTH ENDED SOME OF THE CHEQUES ARE NOT PASSED IN THE BANK STATEMENT.THESE ARE PASSED NEXT MONTH.I WANTED A STATEMENT AFTER RECONCILATION OF NEXT MONTH,WHICH CHEQUES ARE NOT PASSED IN THAT PARTICULAR MONTH,THOSE CHEQUES ARE CLEARED NEXT MONTH. FINALLY I WANTED ONE STATEMENT I.E. WHICH CHEQUES ARE NOT REFLECTED IN THE BANK PARTICULAR MONTH BUT THESE CHEQUES ARE REFLETED NEXT MONTH.THEN THE NEXT MONTH DATES STATEMENT WANTED