Accounts QnA [Resolved]

All Resolved Open

sachin shenoy

This Query has 4 replies

12 August 2014 at 16:22

Conversion of stock in trade into fixed assets

What is the accounting entry for conversion of stock in trade into fixed assets?

How profit & loss account will be affected by these entries??

Murli Dadhich

This Query has 4 replies

12 August 2014 at 15:05

Relate to as

I have a Pvt. Ltd. Co. I Bought machinery for manufacturing by raise a loan a/c. But production will start from next year. Please show me the treatment of finance charges for 1st year, according to "Accounting standard". Which Accounting standard will apply? Treatment for capitalization of finance charges.

Anonymous

This Query has 1 replies

12 August 2014 at 14:44

Reimbursement entry

Hello Everyone,

Rs.10000 was paid to employee for the purchase and he had purchased of RS.8000 only.He had returned the 2000 to the cashier.
what would be the accounting entry in this case.

Regards,
Chirag

Ashish Moses Frankey

This Query has 2 replies

12 August 2014 at 14:33

Turnover

sir what is the exact meanibg o turn over

vivek

This Query has 1 replies

12 August 2014 at 12:43

Entry treatment

how to book 'loss of pay' which is deducted from salary?

is it an expense and debited to p&l or it has anything relating to current asset?

pls show the entry...

Shashikala

This Query has 3 replies

11 August 2014 at 23:26

Tds

I am working in hospital and we are getting laundry bill around 12000monthly is there any tds to be deducted

nikita

This Query has 1 replies

11 August 2014 at 19:51

Result with held

I Nikita Agarwal holding CRO0315034.My roll no. is 148639 result has been with hold. kindly inform me my result and reason for with held.

SACHIN AROLKAR, Goa Carbon Ltd

This Query has 3 replies

11 August 2014 at 10:49

Fixed assets

Dear Sir,

Our Company is buying tractor which will be run in and made use only inside the factory premises.

Can please suggest us where should it be classified ?

a) PLANT AND MACHINERY, or

b) VEHICLES.

Regards,
SACHIN AROLKAR