Rohan Sharma
This Query has 1 replies

This Query has 1 replies

24 May 2012 at 16:24

Revised schedule vi

Prelimery Expense, Share Issue Exp, Registration Exp etc where to show in the revised schedule VI

Pl reply urgently....



Anonymous
This Query has 1 replies

This Query has 1 replies

24 May 2012 at 16:02

Revise schedule vi

Why advance income tax heading is shown on long term loan and advances ? rather than sort term loan and advances ?


Plz clarify how it is long term?


CA Ajay Wadhwani
This Query has 3 replies

This Query has 3 replies

WHAT IS THE LOGIC BEHIND ADDING EXCISE DUTY ON CLOSING STOCK AS PER AS2 INVENTORY VALUATION , EXCISE DUTY IS NOT OUR COST SO IT SHOULD ALSO NOT BE INCLUDED IN STOCK VALUATION?


shrey
This Query has 4 replies

This Query has 4 replies

24 May 2012 at 12:12

Bonus issue - reserves

Pl tell

May BONUS SHARES issue be made out of following:

1. Revaluation Reserve

2. Capital Reserve

3. Securities Premium Account

4. General Reserve

5. Debenture redemption reserve account

6. Capital Redemption Reserve Account

or any other reserve

Are rules different for Private Co. / Unlisted Co./ Listed Co.


Thank u in anticiation.


Guest
This Query has 2 replies

This Query has 2 replies

I want to confirm the applicability of revised schedule VI for Nov 2012 CA Final Exams.


Sanjeet
This Query has 4 replies

This Query has 4 replies

24 May 2012 at 10:53

Accounting treatment for foc sales

please anyone help me that how to pass accounting entry for free of cost goods sales.

Actually, we are selling free product as per sales scheme(FOC) like buy one get one free.

please tell me if any rule for this treatment.

Thanks



Anonymous
This Query has 2 replies

This Query has 2 replies

23 May 2012 at 20:15

Accounting treatment

OUR FIRM HAS TAKEN A LOAN OF RS 30,00,000/- FROM AXIS BANK TOWARDS PURCHASE OF NEW CAR.

AXIS BANK HAS ADVANCED THE LOAN AMOUNT OF RS. 29,06,306/- THROUGH DD ( AFTER DEDUCTING RS. 76694/- AS ADVANCE EMI AND RS. 17000/- TOWARDS LOAN PROCESSING CHARGES) DIRECTLY TO THE CAR SUPPLIER.

MY QUERY IS :

KINDLY ADVISE THE ACCOUNTING ENTRY i.e., WHAT ACCOUNTS ARE TO BE DEBITED AND CREDITED.

HOW TO PASS ENTRY FOR ADVANCE EMI OF RS. 76694/- AND BANK PROCESSING CHARGES OF 17000/-.

I HAVE GONE THROUGH SIMILAR EXAMPLE IN THIS WEBSITE BUT COULD NOT UNDERSTAND.

SO KINDLY ADVISE ME PROPERLY.



Anonymous
This Query has 1 replies

This Query has 1 replies

23 May 2012 at 17:23

Definition of fellow subsidiary

what is the definition of fellow subsidiary?

Plz clarify with an example if one holding co 4 subsidiary and one subsidiary is aslo a holding company ?

Thanks


DIMPLE GARG
This Query has 1 replies

This Query has 1 replies

sir, I have a that in the may attempt of pce in accounts there is a question from incomplete records , there is an adjustment of goods costing rs. 18000 used as an advertisement articles sir i want to know the exact treatment of this in trading , profit and loss a/c and in the balance sheet?


Manoj Chawla
This Query has 4 replies

This Query has 4 replies

23 May 2012 at 10:16

Acounting entry

Gud mng experts

dear when we pay the tds amt paid for the month of march in june what entry pass for the same?????






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