Accounts QnA [Resolved]

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jitin

This Query has 7 replies

26 May 2014 at 17:42

Lease of land

Pl clear the following queries

1. if land has been taken on perpetual lease, at what value will we show the land in books of lessee (asset side) in each year.

2. if land has been taken on lease for a limited period, then what will be the accounting treatment of land in books of lessee (asset side)

Anonymous

This Query has 3 replies

26 May 2014 at 17:06

Interest on bank loan

I want to ask if interest on any loan is calculated at what balance the interest should be deducted opening balance or closing balance ,as in month repayment is made of some amount? please help

Shashank Agrawal

This Query has 3 replies

26 May 2014 at 16:47

Cash flow statement

Treatment of exp. for increase in authorised share capital in CASH FLOW STATEMENT?

Whether it is item of "Operating Activity" or "Financing Activity"???

mahender

This Query has 1 replies

26 May 2014 at 16:45

Date and rate of exchange for accounting export sales

Please tell me which date (i.e. invoice date or any other date) and rate of exchange (i.e. bank rate or any other rate) to be taken for export sales entry.

silvia

This Query has 2 replies

26 May 2014 at 16:03

Double vat payment

I have done vat payment for the month of august 2013 twice and have done with my revised return also can any one tell me what can i do can get a refund for the same.

Nandita A

This Query has 2 replies

26 May 2014 at 15:56

Costing: materials chp.

in terms ofvaluation of stock incase of valuing issues after recording receipt of goods, do we assume LIFO method of valuation if nothing is specified in the question or can we actually use any method? by default, which method to be used in exams?