can anybody please tell me what are the items that have to be deducted and added back to calculate managerial remuneration...

from
i.)gross profit
ii.)net profit

please make it soon...
thanks in advance...

Respected Sir / Madam

I have enrolled for CS as my career. I just want to know is CS degree enough to get a good job and settle with it or i need some other degree.
Is my position as a CS is in danger as nowadayz many of the CAs are also doin CS side by side. So the companies would prefer their CAs to also do their CS work.

Plz Reply..

Thanking You...

Respected Experts,

Would somebody please tell can I join CWA with having a full time job. Is there any adjustment possible in regards of compulsory articles for three years.

Warm Regards

i want journal entry for the following question

varun ltd was registered with the nominal capital of rs 2000000 in equity shares of rs 100 each 10000 of these shares were issued to the public at a premium of rs 20 per share payable as to :
rs 20 on application
rs 45 on allotment including premium
rs 25 on first call
the balance on final call
application were recieved for 13000 shares and allotment was made pro rata basis to the applicant of 12000 shares
money overpaid on application was employed on account of sums due on allotment
sudhir holding 200 shares paid whole of the amount due on first call along with the allotment but failed to pay final call.
pradeep holding 300 shares failed to pay the two calls
joshi holding 400 shares failed to pay the final call.

all these shares were forfeited after the final call
of these forfeited shares 200 shares belonging to pradeep and 200 shares belonging to joshi were sold to rajesh as fully paid to rs 90 per shares

journalise the above entries

pls help......

Sir I have not received the CA final books

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Please suggest....

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