benedict
This Query has 2 replies

This Query has 2 replies

Dear Sir,
Please tell me the accounting entries for the
shares purchased and sold by me using online trading facility viz:
1. Purchase of shares with delivery
2. sale of shares with delivery
3. intra day trading (i.e. margin trading)

please illustrate with suitable entries.

please let me know whether share price or only margin should be accounted in case of intra day trading

Thanks
regards
benedict


mahesh dilip purwant
This Query has 2 replies

This Query has 2 replies

as co. can write off the goodwill arising
in amalgamation over certain period if co.
wants so. similarly capital reserve may get
created while incorporating the assets of two co.s if co. do not want to continue
with such reserve how it can be adjusted or write off?


Anandrao
This Query has 2 replies

This Query has 2 replies

30 May 2008 at 20:21

queiry on farm accounting

Dear Sir,

I want to know about farm accounting.

If there is 20 cows .
new born cows 10
out of 10 born cows 2 are died then how should i account that?

regd,
Anand


ravinder singh rawat
This Query has 1 replies

This Query has 1 replies

30 May 2008 at 19:30

Carrier Help

Dear Experts,

i am MBA-Finance (distance) right now working as Sr.Executive accounts in Construction company. Total working experience is 5 year now i want to do any course which would be help full for my future carrier in accounting field and support me on management level accounting.

Thanks & Regards
Ravinder Rawat


Bhupinder Singh
This Query has 2 replies

This Query has 2 replies

30 May 2008 at 18:57

regarding a new training circular

Sir, Ihave cleared PE1 in november 2006 exam I have started my Training in feb 2006 with presuing B.com but now I have passed b.com from GURU NANAK DEV UNIVERSITY AMRITSAR but my C.a says that training that i have done with b.com is cancelled and my pcc atempt is delayed by one and half year is it true??? please help me out


karan
This Query has 8 replies

This Query has 8 replies

30 May 2008 at 18:01

Recification Entry

Can we Pass Rectification Entry of 2007-08 in fin yr 2008-09 in any condition


vandana
This Query has 2 replies

This Query has 2 replies

30 May 2008 at 17:14

co - applicant to a loan

If the house property is in the name of A and the housing loan is applied for in the name of both A and B, whereas the payment is in actuality made by B only.
How will this be treated. Will A be able to claim a deduction u/s 24 if she makes the same payment to B in cash ?


sudarshan
This Query has 3 replies

This Query has 3 replies

30 May 2008 at 17:13

Managerial remuneration

A private limited company without providing for directors remuneration for the ye 31.3.2007, paid it in June 2007.Now a provision should be made for the ye 31.3.2008. How the amount paid in June 2007 is considered in account.Whether this is to be treated as prior period expenses?


Babita Agarwal
This Query has 1 replies

This Query has 1 replies

Hello Friends,
Hotel is receiving laundry including dry cleaning services from outsider and booking as telephone/laundry expes.Further charging from its clients and booking as laundry/telephone income in its books of accounts.
Whether these laundry/telephoneincome will be included while calculating the thrase hold limit of Rs. 10 lacs.

Please give me suggestion.

CA. Babita Agarwal


Nilesh Jain
This Query has 2 replies

This Query has 2 replies

Hi,

For a salaried person if the income from salary is 11.5 lakh, loss due to interest for house property is 1 lakh and she has done 80C investment upto 1 lakh (i.e., taxable income is 11.5 -1-1=9.5).

Is she liable to surcharge applicable for income above Rs10 lakh?

Thanks in advacen for your resolution.






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