Raja Banerjee
This Query has 2 replies

This Query has 2 replies

An organization decided to replace all existing lights in its operational area fitted with high power sodium vapour lamps with energy efficient LED lights in order to have long term benefits like cost savings in electricity consumption, maintenance and also have an aesthetic look.
The organization decided to treat this expenditure as 'Capital Expenditure'.
My question is that whether the accounting treatment adopted by the organization is correct or should the organization charge this expenditure to 'Repairs & Maintenance'?



Anonymous
This Query has 3 replies

This Query has 3 replies

28 July 2017 at 15:07

Depreciation on water well

could tell me what is the rate of depreciation on Water well constructed for Home stay business and for how many years it should be clailmed?


Sunil
This Query has 2 replies

This Query has 2 replies

28 July 2017 at 14:09

Query regarding gst registration

Hi, I have one client having Business Income of less than Rs 5 lakhs per annum, they already have TIN number they have also got provisional id for gst which was used by their previous CA without clients permission and now he is not providing us the user id and password set by him we are also not able to change it as previous ca has registered his phone number also he is not providing otp, now When we entered provisional id on gst website the mesaage appeared you are already mapped, please suggest what should I do in this situation as my client does not require registration, Do I need to get their registration cancelled?



Anonymous
This Query has 2 replies

This Query has 2 replies

26 July 2017 at 23:40

Grp 2 accounts

What will be the entry for
Out of share surrendered, 1000shares of 10 each shall be converted into 12% pref. Shares of 10 each fully paid up
In case of reconstruction


Solanki Bharat
This Query has 3 replies

This Query has 3 replies

26 July 2017 at 10:45

partnership

If in the question it is clearly mentioned that interest on partner capital is not to be provided according to partnership deed then at the time of death of any partner and the payment is not made on time than sec 37 of partnership act apply or not?


sanjeev jhunjhunwala
This Query has 4 replies

This Query has 4 replies

25 July 2017 at 21:00

Inter company loan and advance

Can an individual proprietary firm can transfer funds between each other as per current IT as well as GST norms, note if firms owned funds from loans from family members.


ABHI
This Query has 1 replies

This Query has 1 replies

25 July 2017 at 07:09

Accounting entries under RCM for GST

what should be accounting entries under RCM for GST. and when I will take the Input Credit it.....


Harsh Sharma
This Query has 2 replies

This Query has 2 replies

maintain book keeping


Jashwanth Kandasani
This Query has 2 replies

This Query has 2 replies

23 July 2017 at 10:02

deficiency account

How a deficiency account to be closed in final accounts In the books of accounts


VIDYESH CHAUDHARI
This Query has 1 replies

This Query has 1 replies

22 July 2017 at 23:15

TALLY ERP 9 -Stock Related

Dear Sirs, We don't have stock records in tally for last year. But now ,we want to maintain stock records in Tally ERP 9. We are in manufacturing industry. If we enable the stock option, we have getting difference in last year Op & Cl stock. So,I request you to please provide us the solution to maintain stock in Tally ERP 9.






CCI Pro



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