ravi
This Query has 5 replies

This Query has 5 replies

03 August 2008 at 15:48

chit fund investment entry


Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?

company name = X ltd.
Nature of deposit/advance = in cash/bank


joshy k.g.
This Query has 1 replies

This Query has 1 replies

02 August 2008 at 16:18

Defined Benefit Plan

If company contributed premiuum on group Gratuity Cash Accumilation scheme framed by the LIC
Is it consider as defined benefit plan or defined contribution plan


joshy k.g.
This Query has 2 replies

This Query has 2 replies

02 August 2008 at 15:50

Acturial Gain on Plan Assets

A company have no investments for meeting its future liability regarding Earned leave
what is the logic behind on treating benefits already paid as a Acturial Gain on plan assets in addition to that it will reduce expenses amount that should be recognised in P& L A/c


A.S.S.Kumar
This Query has 2 replies

This Query has 2 replies

02 August 2008 at 11:58

Balance Sheet Schedules


Hi.

Please any one tell me Total balance sheet Balance Sheet Schedules details.


A RAMA SARMA
This Query has 1 replies

This Query has 1 replies

Hi friends ,

First warm morning to all .

Let me know what is the treatment to be given in the books if investments are made through PORTFOLIO MANAGEMENT SERVICES ( P M S ) . P M S is outside third party providing professional services in respect of managing Portfolio.

Quote Accounting Standard / Guidance Notes , if applicable.

Advance Thanks


Kiran Gadia
This Query has 2 replies

This Query has 2 replies

An investor proposes to invest in a project with the condition that his investment should appreciate at an IRR of 35%.
How much would one crore be under the above parameters at the end of 12 months, 24 months, 36 months and 48 months


ravi
This Query has 5 replies

This Query has 5 replies

hi all,
Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?

company name = X ltd.
Nature of deposit/advance = in cash/bank


Pramod sapkal
This Query has 1 replies

This Query has 1 replies

HI FRIENDS

HOW U WILL DO ACCOUNTING OF OF LIFETIME PREPAID SCHEME IN TELECOMM COMPANIES AS INCOME BOOKEDIN ONE YEAR OR IT PARTLY BOOKED IN DEPOSIT & PARTLY BOOKED AS INCOME

PLEASE SOLVED MY QURIES

THANKING YOU


ASHISH KUMAR PATRO
This Query has 2 replies

This Query has 2 replies

01 August 2008 at 15:28

Branch Sales

I want to know,if one company has branches and in both H.O and Branch sales are made along with transfer from head office,than in the consolidated balance sheet whether both the H.O and Brnach Stock transfer will come or not.
if they will come than the sales becames doubled.so ehat is the correct procedure for that?


Angayarkanni Murugesan
This Query has 5 replies

This Query has 5 replies

hi
i want to know whether the exchange rate differnce between the date of purchase of a fixed asset and the balance sheet date can be adjusted in the book value of the fixed asset. can the Depreciation on the additional amount(If it is profit) can be charged to P&L account? The purchase cost is not paid till the close of the year.What is the correct Entry to be made as per AS 11
Kindly guide me.






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