An Air conditioner(A/c) distributor sells an A/c to its customer in exchange of their old A/c by giving them discount of 3k. this old A/c's are sold/scrapped @ 4k or 5K. so how the transaction to be recorded in books of accountss??

Thanks in anticipation  

Our society purchased 4 Nos. Fortinet wireless Access Point @ 21275 for Wi-Fi use and POE Injector 4 Nos. @ 1500 each the VAT Amount is Rs4555/- and the total bill amt is Rs 95,655/- How can I capitalize this item as singly Fortiness Access Point ? The value of other Item is Rs.1500/- below Rs.5000/- Kindly reply

Date of raising bill for 20000 Dollars is 02.02.2015 at 63.23 per dollar Date of amount received 09.04.2015 at 61.24 per dollar When to Pass Entry of Exchange Loss. Kindly Suggest and Thanks in Advance

Mr. A taken a loan of rs 200000 Mr.b paid the loan amountof mr a by depositing cash in mr a loan account Then how to pass entry in both account a and b Pls help me

Sir , a businessman purchase a land from own name and now he decided to build a school on this land, so how i can show land value in school books

Dear sir

Please clarify my doubt. "A" company purchase By " B " Company . After "A" company remodeling the (which one is purchase of "B") company. How to taken that expenditure under capitalization a/c or repairs & maintenance a/c.

Please clarify

Thanks & regards
Siva.

Hi,
Ours is a university cost of our application is Rs.600 . Bill desk remits net amount of Rs.585 after deducting their charges. So do we have to remit on Rs.15 . After remitting how can we collect the amount from them .
Please advise urgently needed.

A Ltd had a total turnover of RS. 60 crores including inter divisional transfer of RS. 14 crores. Whether A Ltd is liable to give segment reporting as per AS 17?

My co. A pvt. ltd hs to first time prepare CFS pursuant to CO. Act 2013. the Date of investment in subsidiary is 3rd March 2007. will i have to make consolidated balnce sheet from that period i.e, 2006-7. to arrive at correct position .

I am preparing a Project Report and in that I have to capitalise the interest on term loan for 1 year. Under which head it will come?