Last year Company provide deprecaition on particular assets @ 13.91% under WDV method. But acutally depreciation on this assets actually 40%. There is no change in method of deprecation. Only rate changes so surplus or deficit of depreciation charged to Prior Period Adjustment in F.Y. 2012-13. Other disclosure in accounting polices are required to be made or not.

Dear all

I want to know how to account for real estate accounts. Our client bought 2 acre of land they convert the land in to plot. and also they provide road, park, ground, etc... How i account for these transaction.

One of our stockiest converted to consignee sales agent who was making payment on stock sent by us now we have to convert the paid stock in to security deposit kindly suggest the entry to be passed.

hi sir,

I would like to know the changes in depreciation calculation as per companies act & income tax act. kindly send the detailed calculation methods ( slm & wdv)


Thanking you sir,


your's faithfully

v.nagaraju

DEAR SIR,


PLZ INFORM ME ORDER WISE POST , IN WHICH POST IS HIGH

1)J, CLEARK
2)S, CLEARK
3)J, ACCOUNTANY
4)S, ACCOUNTANT
5)ACCOUNTANT
6)ACCOUNTS EXECUTIVE
7)ACCOUNTS OFFICER

What is Pre acqusition and Post acqusition in Investment?

is it ok if material purchased for trading is booked as non inventory & Same sold out as non inventory
any implication in the books if done so?

xpert comments are highly appreciated

Hi,

For a entity doing film production, will it be useful if the expenses are recorded department wise ( ex direction department Hero department) or should it be expense wise (ex professional charges, room rent etc)

Are there any better manner of maintaining books of accounts

Dear Sir,s


Please tell me about interest paid on housing loan. any limit of exemption. on tax ? if house is self occupied and if house given on rent ?

Thanks & Rgds

waht is the diff. between bills payable & sundry creditors ???

Read more at: https://www.caclubindia.com/experts/ask_query.asp