as co. can write off the goodwill arising
in amalgamation over certain period if co.
wants so. similarly capital reserve may get
created while incorporating the assets of two co.s if co. do not want to continue
with such reserve how it can be adjusted or write off?

Dear Sir,

I want to know about farm accounting.

If there is 20 cows .
new born cows 10
out of 10 born cows 2 are died then how should i account that?

regd,
Anand

Can we Pass Rectification Entry of 2007-08 in fin yr 2008-09 in any condition

A private limited company without providing for directors remuneration for the ye 31.3.2007, paid it in June 2007.Now a provision should be made for the ye 31.3.2008. How the amount paid in June 2007 is considered in account.Whether this is to be treated as prior period expenses?

What are the accounting entires for Employee Benefits like, Gratuity, PL, etc. under the new AS-15?

Hi All,

We are taking Gold on Loan basis from against Bank Guarantee, this loan is to be repaid after a period of 90-180 days. If at the end of financial year, if there is any Loan outstanding what should we do, I mean how to show it? Should we include it our stock books.

Thanks

Can any one tell me regardng Revenue Stamp affixing on payment made over Rs. 5000/-.

What is legal procedure for affix Revenue Stamp, if not compliance what will be the Penalty?

Thanks

regards
Rajesh

Pls help on the below doubt:


As on 31st march Company has spend an huge amount to obtain an contract but there is possibility in getting the contract is 50-50 so as on 31st march where should we book the expenses -- either as expense or asset.
If so which accounting standard we should follow?

Thanks

Can a C.A. firm prepare/help in prepration of Financial Statements of a company as a Management Consultant?

The definition of the expression “Management Consultancy and other Services” by ICAI includes "Preparing cash budget, cash flow statements, profitability statements, statements of sources and application of funds etc".

company has 2 divisions.for 1 division MAT is getting attracted.
for other division regular tax is attracted.when consolidated it is attracting MAT.
In this case how to provide tax for individual divisions required for provisional balance sheet for bank loan