Hi Sir / Madam

My query is regarding to Last years expenses.
e.g. If any expense of previous year still pending to entered in our books & our balance sheet is already finalized. Even Income tax return is filed. In that situation how can we book the expense for last year?
Can we show the expense in current year?
Is it possible that the expense book in this year?
If Yes, then How?

Regards
Anil

FROM WHERE I CAN GET THE DATA OUTSOURCING WORK? PLEASE PROVIDE INFORMATION IN DETAIL.

Dear Experts,

We reduced the dep from current year dep. already claimed when the Vehicle is sold. Why it is done like that? If we reduced from current dep. then how we will be benefited? Earlier we claimed now we are reducing the same. Please explain the provisions that applies here in detail.

Thanks in advance,
Shashi

Dear sir,
For a company whose retirement Benefit is funded through a scheme administered by an Insurer what is the treatment which a company should show in its financial statement

1. Will the Investment made by Insurer will be disclosed in the B/S of Company. Will the Invt be recorded at its Fair Market Value or Original Invst value?

2.How would the difference between the investment value{equal to amt.of obligation}and its fair value be treated and whether the Increase or Decrease in the value of Invst will be included in companies P & L Account?

Kindly Suggest!

Hi,

Company where I am providing accounting service(I am providing professional service) has asked me certify certain sales tax payment which they would issue to the consignor company. In this case I would like to know what charge should I levy and is there any format for providing this certificate.

how we show the take over of a company by another company in Balance shee & also in cash / fund flow stmts. The cash paid from the copmanys account for the take over.

Give to the notes to the item in the balance sheet.

S.K.

i want journal entry of ------
goods destroyed by fire costing rs 300 but insurance company settled claim for rs 280.pls urgent

Please send me latest TDS Rates applicable for various sections

Hi!!
can anyone explain how income is recognised in case of developers (whose main activities is selling of flats / apartments). that is when the project takes more than a year to complete. the developers would have collected money in advance from the customers

AS 7 would not apply to the developers since they do not engage in the construction activities
AS 9 applicable for sale of goods and the services (and technical services).

in this situation how the revenue is recognised year on year

We are running A Tata Motors Limited Authorised Service Station. we have issued some spares to the customers on Warranty replacement. at the time of issue of the material we are passing an entry in books by debiting warranty claims receivable A/c and crediting to Sales A/c. is it correct ot not crediting to sales or purchases please clarify