wat is the differenve between preliminary expenses and pre incorporation expenses??

If i got a Insurance in Sep 13 of Rs. 100/- for one year then it will be calculated as prepaid insurance like - 100/12(months)= 8.33*7(Sep to March)= 58.33,

100-58.33=41.66

Now 41.66 Rs is countable as Prepaid Insurance is it or not?

If not then how can we calculated Pre-paid Insurance?

There is an hr policy in a company in which employees are provided a car and in return the employees have to pay some EMI(which is deducted from salary every month for 4 years).So what should be the entry for the EMI. Depreciation is claimed by company and not employee.

Dear Sir
Is is correct to show bill discounting facility a company enjoys with bank as contingent liability. Or whether it is a confirmed liability.?

Dear Experts,
In the field of branch accounting maintain book of accounts separately both branch and head office when finalizing the account can we merge these two books and prepare p and l and balance sheet kindly explain sir.

Thanking You

With regards
M Syed Abuthahir

Dear All,

What are the Procedures involved in Dissolution of Partnership Firm (Practically)?

Regards,
Jordan

When provision of Income tax is not done of income year 2010/11 and assessment made in 2012 . Now how should I made adjustment entry. And TDS on audit fee is also deposited in gov. account entry is needed in same condition.

What is the difference betwwen Letter of Credit & Buyer's Credit

A person who opened up ppf account depart country and migrate to other country, can he maintain and deposit to ppf account annual contribution even after he become citizen of other country and having pio status for india?

WHAT IS MEAN BY RA BILLS IN CONSTRUCTION ACCOUNT AND HOW IT IS ACCOUNTED IN BOOKS...??