Accounts QnA [Resolved]

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Saroj Rana

This Query has 5 replies

14 January 2008 at 10:45

Accounting entry

Respected seniors,
Plz help me regarding these questions,

My company (ABC ltd)purchase some gift items from XYZ Ltd and
1.Paid excess amount against the bill
2.The XYZ Ltd return the excess amount after some days and one more thing I don't want to maintain the the XYZ's ledger

So, what will be the accounting entry for these tranjections.

Needs only experts opinion
Thanks in advance.

pinak

This Query has 4 replies

12 January 2008 at 16:58

Accounting Standard

What is accounting standard? How many accounting standard are there and at present which standard is in used?

what is the benefit of this?

Please provide this information urgently.

thanks & regards,
pinak
pinakaries@yahoo.co.in

jasmin

This Query has 2 replies

11 January 2008 at 17:34

Accounting for Future & Option and cash market

Dear sir,

kindly , guide me as how to account for
future exchange traded contracts.

thanks

Sindhu

This Query has 1 replies

11 January 2008 at 10:49

ACCOUNTING FOR 'PROVISION FOR INCOME TAX ' AND REVERSAL OF TEH SAME

WHEN SHOULD EXCESS PROVISION FOR INCOME TAX BE REVERSED???? IS THERE ANY TIME CONSTRAINT??? WHAT ARE THE REPURCUSSUINS OF NOT COMPLYING WITH THE SAME???

Prashanth Kamath

This Query has 1 replies

10 January 2008 at 14:31

Cash flow - Tax Outgo calculation

Can someone tell me how a cash outflow is calculated for CF statement in case of taxes ( IT, Def Tax, FBT (Prov + adv tax ))?

Narendra

This Query has 1 replies

10 January 2008 at 10:25

For a private comapny

***************

balwant singh

This Query has 2 replies

09 January 2008 at 12:37

e-1 forms in sale tax

please tell me what is e-1 form and why we required e-1 forms and whats the benifit of e-1 forms

Saroj Rana

This Query has 6 replies

08 January 2008 at 11:34

Accounting entry

Dear all,
Plz help me,

1.My company's V.P paid his house rent and electricity bill from the Company's bank A/C(he also provides capital to the co.)
so how can i treat this entry.........?

Thanks in advance

Ramkrishna Mokashi

This Query has 3 replies

08 January 2008 at 11:17

Companies (AS) Rules, 2006

Dear All,
Following is a hyperlink to Companies (Accounting Standards) Rules, 2006
These rules only provide for AS 1 to 7 & 9 to 28. I am unable to understand why AS 8 (on Research & Development) is not included..

http://www.mca.gov.in/MinistryWebsite/dca/notification/notification_comp_Acct.html