Kindly help me and advise how to pass entry of gratuity in books when gratuity is funded by LIC of india

Present value of obligation as per acturial valuation is Rs 23.62 crores

Fair value of Plan assets is Rs 19.06 crores

Net liability to be provided as at 31st March ,2012- Rs 4.56 crores

Opening balance in liability for gratuity is Rs 6.12 croes so we have to reduce liability by Rs 1.56 crores

On the other hand actuary is saying Rs1.55 crores to be recognised in the profit & loss account

i am confused regarding what entry to be passed and help me

hello freinds,


i wanna to know whether there is scope for ca's who work in industry treasury deptt and their job profile is preparing MIS & bank reconciliation only.

Hi... can u please tell me that Income tax refund comes under which group in tally ???

Sir,
We were doing our accounts in quickbooks for a long time..and now we have changed it to Tally.We have around 11 short term deposits of 3months each.please let me know where the entry should be placed..in payment or in journal?

Hi, I want to make entries in tally erp9 for the interested transferred to SB a/c. how can i pass the entry for the transaction?? also i want to know the entry for FD redemption ...

Dear Sir / Madam,

I would like to know the Information about Partner's Salaries and Interest on Capitals In the partnership Firm which basis i should give and opening balance or debit credit transactions which is the correct way kindly send me answer and keep update me new queries and answers

Regards

venkat
venkatseven@yahoo.com

Where to show the preoperative exp not written off as per the revised schedule VI.

A company purchase a fixed assets for rs100000 and received a tempo as a gift what will be journal entry for purchase and depriciation entry on tempo @ 20% p.a

Is "accured interest" recvable ir recogonised in cash system of accounting.

Hii freinds..
Can u tell me the accounting treatment of Lifetime Membership fees received by a charitable Trust...?
Plz reply
Its urgent..