Accounts QnA [Resolved]

All Resolved Open

SUNILKUMAR WADHWANI

This Query has 1 replies

14 February 2013 at 22:20

As 7

What is the difference between Builder and contractor as per AS7? and to whom AS 7 is applicable?

SUPREETH B K

This Query has 2 replies

14 February 2013 at 16:49

Consolidation of account of subisidiary

Treatment of minority interest loss in balance sheet while preparing consolidation of accounts.

HARSHIT JAIN

This Query has 5 replies

14 February 2013 at 15:43

Depreciation rates

Sir,
can rates higher than that mentioned in Sec 350 of the Companies Act be provided on assets. what if the management want to provide less rates?

Anonymous

This Query has 2 replies

14 February 2013 at 13:10

WE PAID Rs. 150,000/- AS ADVANCE TO A VENDOR(CONTRACTOR) BUT TAX WAS NOT DEDUCTED AT THE TIME OF PAYMENT, RETURN HAS BEEN FILED FOR A.Y 2012-13. NOW WE GOT THE BILL PLEASE TELL ME WHAT IS THE TREATMENT TO BOOK THIS EXPENSE AND TDS ALSO.

HARSHIT JAIN

This Query has 3 replies

14 February 2013 at 11:30

Accounting entry for a fixed asset

Dear sir,

If a company has purchased a fixed asset as a spare to be used when the principal asset is out of order, when should the company pass the accounting entry for it i.e. debitting the asset a/c & crediting the vendor A/c ?
also tell me that when does the FAR would be updated?

Anonymous

This Query has 5 replies

14 February 2013 at 11:27

Property tax

In which head property tax should be posted in accounting books?

sakshee

This Query has 4 replies

13 February 2013 at 23:22

Accounting fandamentals

Respected experts plz solve my query

what is the difference between EVENT and TRANSACTION ?

Anonymous

This Query has 1 replies

13 February 2013 at 18:40

Conversation of ecb in to equity

What is the treatment of gain or loss on conversation of External commercial Borrowing in to Equity??

Anonymous

This Query has 2 replies

13 February 2013 at 18:09

Sales invoice & tax invoice ?

Hi

I m Confused with what is the difference between Sales Invoice And Tax Invoice?

What if Goods are exempted from Tax ? will it be a tax invoice or sales Invoice ?

ashok bhurani

This Query has 1 replies

13 February 2013 at 16:41

Accounting standard 18-related party disclosure

Kindly help me on the following:

Whether HUF the karta of whom is also director of private limited company, can be considered as related party for that private limited company.
e.g. Mr. A is karta of ABC HUF as well as director of XYZ Private Limited. Can ABC be considered as related party to XYZ Private Limited.