Sir,
If a spinning unit purchases crockery item of Rs.124500,wheather it is capitalised or not.

Dear All,

We are in the retail industry and allow credit cards swiping against sales made by us. This amount is huge in volume.

Please advise whether we disclose the same as:

a) Trade receivable
b) other current asset or
c) cash and cash equivalent.

Please provide solution for the below issue.

contract value :100
estimated total cost :90
costs incurred upto the end of the period:45
cost to complete :45
Advance received from client:10
Progress billings :30

Unbilled Revenue:?
how disclosure in financials as per AS7 with regard to amount due to client and amount due from client.

sir,

company formation time construction of building etc., & put investments & that investments are converted to shares, that time purchase of forms 2, common seal , stamp duty etc., fees paid to CS & CA. Please suggest me for that accounting entries what i made

Please suggest me for that accounting entries or which books referred for

can you please through some light on below case:

A company is having 51% Holding in its subsidiary B and B subsidiary is having 51% holding in C company...

so in above, what relation would be having Main holding A with company C

whether such treatment in the books of accounts is correct?
please provide the answer with the related entries as soon as possible.

Whether there is any difference between COS & Cost of Consumption?
If yes, then give a suitable example & if no then also provide the reason.

pls tell me..
we have an client who value their stock on average cost method. but the market value of stock is very less. they are not in favour of valuing stock at market value...

then the question is whether there is any solution for valuing stock at cost....

how to prepair profit & loss, trading a/c, income expenditure a/c, balancesheet. please say me simply.please help me.

depreciation is provided on net block or gross block?how are values in gross block,depreciation and net block of previous year treated in current year??