KHYATI
This Query has 1 replies

This Query has 1 replies

17 May 2012 at 14:36

As-2, valuation of stock

Shall we include the following in stock value :
1. clearing and forwarding agent's fees,
2. forklift charges,
3. documentation charges for clearance of goods from port
4. Transportation from port to godown of company
5. Customs duty
6. Wharfing charges


Shruti Mishra
This Query has 1 replies

This Query has 1 replies

17 May 2012 at 12:44

Provident and esic treatment

hi..

PLS ADVICE ME ON THE TREATMENT OF ESIC AND PROVIDENT FUND...WHEN DEDUCTED FROM SALARY...



Anonymous
This Query has 3 replies

This Query has 3 replies

17 May 2012 at 12:10

Cash flow

hi,
pls help me in preparing cash flow , i forget the format



Anonymous
This Query has 1 replies

This Query has 1 replies

17 May 2012 at 11:25

Depreciation

sir i m having following query.
A sole prop. concern has shifted its business from manufacturing to trading of machinery. Its business remained closed from feb 2012 to mar 2012 for carrying out all the formalities. It has sold all its machinery (which was part of its Assets)to diff. firms.
Nw can i claim depreciation on that machinery (asset that i sold)????
Moreover wat will b the treatment of expenses during the shut down period?



Anonymous
This Query has 9 replies

This Query has 9 replies

16 May 2012 at 22:30

Profit

DEAR SIR
I RECEIVED FROM MY COMPANY AS A PROFIT RS.100,000/- AND I HAVE MY OWN PERSONAL ACCOUNTING SYSTEM AND I HAVE TO RECORD THIS AMOUNT I MAKE ENTRY
BANK A/C DR
TO
PROFIT FROM FIRM
I WANT TO KNOW 'PROFIT FROM FIRM' UNDER WHICH A/C HEAD I HAVE TO CREATE. (IN THE SOFTWARE)AND I HAVE CAPITAL IN THIS CO RS200,000/-

THANK YOU


Sankar Chakraborty
This Query has 2 replies

This Query has 2 replies

16 May 2012 at 18:44

Drawing power


Dear Experts,

In a monthly bank stock statement I saw
ODBD A/C
Book debt : 29003863.00
Drawing power 174.00 lac margin 116.03 lac
Limit : 75.00 lac margin 30.00 lac (viz. 40% margin)
Balance outstanding 41.26 lac (closing balance of bank statement Apr’12)

Kindly help me to understand this


Amit
This Query has 3 replies

This Query has 3 replies

i have one querry, when we pass provision for audit fees,professional fees any other expenses at the end of the year. Is it neccessary to deduct TDS to allow that expenses?

Please reply.......



Anonymous
This Query has 3 replies

This Query has 3 replies

16 May 2012 at 15:03

Accounting of website renewal

Dear all,

We have renew our webisite so please advice accounting entry.


Tanmay Tyagi
This Query has 3 replies

This Query has 3 replies

Respected sir/Madam

I want to know about the extraordinary items stated in AS-5 (Revised). Also tell me whether we consider Provision for tax in extraordinary items or not.



Anonymous
This Query has 1 replies

This Query has 1 replies

16 May 2012 at 09:05

Difference in inventory

Hello expert,

we have accounting for a manufacturing unit, on year closing we take inventory of unit but we found discrepancy e.g. invetory excess or short as per system inventory. How we can adjust it in the books plz advise me on this problem as soon as possible.

thanks & Regads,
ska






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