X Ltd Purchase 1000 unites of a material @ Rs 100 (Including Rs 10 excise duty for which company already avail Cenvat Credit). Cost bear by Company for Freight Inward is Rs 2000. There is a normal loss of 5 % during Transportation.
Calculate cost of Inventory per unit according to AS-2.


Plz help!!!!

I am handling NGO account.
But i am confused what type of account name opened for various entry in NGO. Is there any provision for handling ngo account

Hi,

Can anyone please pass the journal entry for below transaction.

1) There is XYZ Enterprises and it is a Head office also, and its having two branches called A and B.

* 'A' purchased some Printing and stationary for 'B'.

now what are the journal entries in both the books of accounts.

Note: Accountant sits in HO and taking care of both the branches.

Thanks in advance

Dear Sir,

If Machinery Purchase bill have excise duty & Vat also, We taken credit for both. then what will be the amount taken for charging Depreciation?

Eg. 100+12.36+12.5=124.86

Kindly explain in detail with excise duty & VAT also?

Hi plz help me
When an educational institution paid for lifetime membership fee to another educational institution then accounting treatment in the hand of payee and receiver.

Dear all professionals,

Please can anyone solve my query regarding calculation of WIP (Closing Stock) in the business of builders and Developers?
If possible elaborate with example.

Thanks in Advance

Dish Tv recharge under which accounting head? Will it comes under books and periodicals? And from where will we come to know these kind of things. Its Urgent. Please help.......

how to determine interest rate to determine finance charge

I HAVE RECEIVED A 'NO CLAIM BONUS' OF 60% FROM AN INSURANCE COMPANY FOR MY OLD CAR, WHERE SHOULD I SHOW THIS REFUND IN MY ACCOUNT BOOK..?
PLEASE HELP ME
THANK YOU.

I wish to know the goodwill calculation techniques when we appoint a new partner into a partnership firm