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what is difference between as on or as at.
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why pre acquistion dividend is reduced from cost of investment
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please explain Exinterest and Cum-interest in brief
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what are the additional reporting requirements in auditors report according to new comapnies act???
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sir if a manpower draws 2 bill, 1 bill for remunerations of workers and 2nd for other charges. 2nd bill is actually have with amount of service tax and other charges but he did not mention service tax as rate but service tax return is regularly filed with. the precess of billing is correct if not should company recover any amount ?
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how are we going to apply the new rate as per co. act 2013 on old assets?
as all assets have been given life span ..like car - 8 years
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in PM every sum is done differently . Cash from operating activities are arrived by different methods . For ex once net profit is taken. in some sums cash sales are taken. in some sums he adds transfer to general reserve. in dome doesn't . is really confusing
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hi all iam doing my cs excutive . iam from btech background..presently working as asst manager in a psu bank ...could not find time for coaching and stuff ...iam able to manage all the subjects except company accounts nd costing...plz can anyone suggest me how to get through des subjects..how to get grip on basics and expertise dem..(books or any source online plz suggest)tanq very much in advance
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I have a doubt in the following equation:
COGS = Beginning inventory + Purchases - Ending inventory.
COGS includes material costs and conversion costs (such as labor, power, etc.). I am not able to understand where are the conversion costs (of the goods sold in a year) in the RHS of the above equation. I think the term (Beginning inventory - Ending inventory) is added to adjust the purchases with the excess/short inventory sold when compared with the purchases. "Ending inventory" and "Beginning inventory" do not accumulate the conversion costs for the goods sold in the entire year. So, where are the conversion costs in the RHS of the equation?
Example to highlight my doubt - Let's assume in a given year, the level of the inventory does not change i.e. Beginning inventory = Ending inventory. Here, COGS = Purchases. I think in the RHS, "Purchases" only includes material costs. Where are the conversion costs (of the goods sold in a year) in the RHS of the equation?
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if books of accounts have been closed ut still we r having some bill which are reaming to boo how to make entry for that although we have finalised our balance sheet?? mainly some vendores are remaing to pay
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
What is difference between