Suppose a company wants to purchase a land from a party for its own. It made agreement with party and paid sum amount as an advance to them. How can we post that entry. How can we treat the Land owner in accounts. After paying full amount for final settlement of that agreement how can we post the entry.

Thanks & Regards,

hello sir,
I am a student of ipcc(eligible for may 2011) attempt.I am going to appear in 1st group only.Kindly suggest me the strategy to be followed.Also suggest me how important the sections of law are regarding the examination point of view.
Thanks in advance

can anyone help me?
i m doing c.s executive and i.m going to apear in this december-10 .i read module of company law n labour law .almost 70% of securites' module..but main problem is i cant remeber what i lent...n i have almost 3.5 months for preparation..so can anyone guide me that what to do in this situation?plzzzz....

Hi, this is prakash i got registered as article on 15th september 2007 which is due to get complete in 15th sept 2009. leaves taken 180 days( which include 120 days as prepratory leaves) does it require extension.

and what are the formalities to be looked into while filing form 108 i.e any bank statement practical gide etc

I am preparing for November attempt with great interest and enthusiasm, but some days i feel i could not give my best....pls tell me how i could i have constant energy and ways in which i can do my best.

my organisation is taking new term loan for purchasing machinery for new project (to increase the production capacity) and we are purchasing around about 50 lakhs machinery from my sister concern (new one)
for that we have taken quotation from our sister concern.

my question is that.. can bank will accept such transaction & will sanction the term loan?

or any other procedure to be applied

kindly guide me.

anyone please tell me the formula for 'capital employed' used in calculating various ratios.thanks!

i am preparing for nov 2010 ca final (old course)and i am following yogendra bangar book for IDT.content wise its good but as far as problems are concerned i feel there are only few problems to practice.my query is do i need to follow some other book for problems or the illustrations given in that book are enough for preparation?

i got 51 in acs, 55 in law,49 in costing n 39 in tax in group 1 ipcc in may 10..i have given my tax paper for rechecking bcoz i need 6 more marks to clear ,,,n i had expected around 50 marks in tax,,,,,
so i want to know is it possible that my marks can increase? what are the chances?

i got 51 in acs, 55 in law,49 in costing n 39 in tax in group 1 ipcc in may 10..i have given my tax paper for rechecking bcoz i need 6 more marks to clear ,,,n i had expected around 50 marks in tax,,,,,
so i want to know is it possible that my marks can increase? what are the chances?