In case of Take Over of a Company (on Intrinsic value basis) " If Transferor Company has Miscellanous Expenditure Prevailing in its Balance Sheet then while calculating Share Price on Intrinsic Value (I.V.) basis should we deduct the said Miscellanous Expenditure from Assets (as we deduct current liabilities, loans etc)"

Please Help

Due to Wrong Entry in Previous year Closing Stock was taken as 750000/- instead of Rs. 250000/-.How to adjust it in current Year?

please distinguish between CC account, CA account. please elaborate pledge account.

How the benefit of duty availed under EPCG scheme is to be shown in books of accounts

Dear Sir/Madam,

We want to capitalized ELEVATOR but don't know Nature of Asset and Useful life.

Kindly suggest for the same.

Regarsd
Mitul Shah

Dear Sir, How to i update my self in accounts professional bcz i have 8 yrs experience and my educational qualification is B.A & M.A. if any course to update my self so please suggest. Regards

Hoarding Board expenses incurred of 300000. Weather is it capital or Revenue expenses
Thanks in advance

1)please can anyone help me that whether depreciation is charged on land or not and clarify with reason. 2) please can anyone help me in clearing concept of accumulated depreciation. why we use sometimes accumulated depreciation instead of depreciation. please explain in your simple language and not in law language.

When should we make liability entries in case of expenses. Is it necessary for cash payments

hello sir,

one of my client engaged in manufacturing of Cosmetics product, purchases raw material from itely and take custom rate for recongition.

but as per AS-11 rate specified for recongition is spot rate or average rate.

what is the actual treatment for recongnition. and what compay do further after recongnition
if spot rate follows then which date rate taken for recongition. good enter into india or if customer received good date.???