Experts,

Please suggest me regarding accounting treatment(also presentation in Revised Schedule VI) in the following scenario:

Let us say there are 2 units-A & B.

Unit A has transferred its FG to unit B for its captive consumption through excise invoice.

Y closing stock not cuming in trial balance?

can anyone send me service tax and vat annaexures

Foreign Exchange fluctuation should be adjusted to the cost of Fixed Asset or not?
Like a fixed asset is purchased on 10-8-13 on credit for $100 @ 60,its corresponding liability is discharged on 30-4-14.On 31-3-14 1$=Rs.62 and on 30-4-14 1$=Rs.61, kindly explain the treatment.

Can anyone help me in determining how fixed,variable and semi-variable costs to be put in cost sheet format and also how to calculate the same .

Hello experts. Can anyone please clarify the Circumstances when we need to prepare Income Expenditure A/c in place of P&L A/c. Can I&E be prepared for a profit making organisation as well?

Profit nd loss a/c - e.g. we have an expenditure of Rs. 150000, and annual sale of Rs. 1250000, I want to ask whether such expenditure will be shown as separate item in P nd L A/C or will be added under the head of other expenses.

we are the Partnership firm. we hire employees for field work.we pay them charges including salary of employees which we hire. under which head these expenses are shown?

please assist in it...

Dear All,

We have recruited one of employee for Rs 1 Lacs and nature of employment is as consultant
Break up is Rs 75 K towards professional fee, 25 K towards Rent free accommodation.
Now as a 25 K should i account under Rent expenses or Professional fees.

Please confirm the complete accounting entries

Dear sir,

If i paid rs. 17lakh to GEB (gujarat electrical corporation) for expand power supply limit for expantion of business.

if this amt capitalized than iin which heading and calculate depreciation at which rate?