This Query has 6 replies
What shall be the accounting entry for refund received without any interest in case of a company. Would like to mention that, the refund is due to excess deposit of interest u/s 234B.
This Query has 1 replies
Hi,
Pls can anyone explain me the concept of substance over form with simple examples .... at least 3 examples
This Query has 1 replies
I faced following issue in audits-
Private ltd.Company has sold fixed assets in FY 12-13.Profit on sale is credited to P & L A/c.My query is whether profit in excess of original cost should be credited to capital reserves?AS 10 and AS 5 requires same to be disclosed under P&L. Guidance note on terms used in Financial statement issued by icai describes reserve not available for distribution.In light of above whether treatment given by Company is right?
This Query has 2 replies
what will be the effect if debtors balance and creditors balance not to be taken in balance sheet. ....PCC NOV 2001
This Query has 2 replies
land is not a fixed assets but many ca take it on the fixed assets where should I take it on the balance sheet
This Query has 1 replies
Reverse charge machanism on transportation exp. wha t is it?
This Query has 1 replies
I want to know the period of getting rgstrd in another ca firm after taking transfr from my first firm...Actually i got regstrd in my first after on 29 april..and now m taking transfr from there...Bt one of my frnd told me that i hv to rgstrd by next day of my transfr date.. Is he right ?plz suggest mee
This Query has 1 replies
Which of the following errors will cause the trial balance to be out of balance?
a.) A debit to an incorrect expense account.
b.) A credit to an expense account instead of an income account.
c.) A credit to an income account instead of an expense account.
d.) A credit to an asset account instead of a debit to a liability account.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Quarey