Can a company have negative EPS ? Can we show negative EPS in Balance Sheet or just 0 if it is negative.

Hi guys,

I have one quey, if any of you can please help:

We have constructed an asset in say 1998, for say Rs. 75 lacs, there was a dispute with the contracter regarding the cost of construction. The case was taken for arbitration and consequently in 2008 final decision came up, and we have to pay 10 lacs to the contracter for the asset alongwith Rs. 10 lac as interest. In total we are paying 20 lacs. Rs. 10 lac paid against cost of construction to the contracter will be capitalised (no doubt ). The question is regarding the treatment of Rs.10 lac paid as interest. whether it be capitalised or taken in P/L? How and as per which AS?

Thanks and Regads,
Padma

what is debit note and credit note
and how and why are they issued>?

what will be the formula for calculating personal net worth of an individual?

in our previous year (06-07) balance there is showing work in progress Rs.7 Lakh, my query is : that Rs.7 Lakh will reduce or not from the current year income, pls clarify.

Pls Can any one tell me dt Is International Financial Reporting Standard(IFRS) mandatory for indian companies or not?
& If mandatory thn frm which date it is applicable. & what International Accounting standard is applicable for Indian Real State Companies?

Dear All

From the PF website I understand the maximum that an Employer can contribute
towards PF is Rs.780(based on Rs.6500 Basic+Da).Now one of my friends told me the PF Limit is.Rs.900(based on Rs.7500
Basic+Da).Please tell me whether the PF
limit is changed or not.Kindly explian

Regards
BINUMS

If an Operating lease is treated as an Financial lease in the books of accounts, whats the consequences with respect to the Depreciation and Financial Statements ?

dear expert,
if u have any procedure related to purchase, nd any suitable purchase formate then please send me at my mail id vikasagrawal10@gmail.com

What are the disclosure under As-19 to be made and any example for that.