Npo,partnership
This query is : Resolved
17 September 2011
Dear Sir,Very Goodafternoon.
1:Please,tell me the treatment of following and suggest the ICAI Guidlines specifying their treatmet.
Example:Pavillion Fund Rs.4,00,000
Pavillion construction in progress Rs.3,00,000.
2:Sir,what is the logic of calculating Average Capital Employed and which of three suggested methods is rightly used?
1:Please,tell me the treatment of following and suggest the ICAI Guidlines specifying their treatmet.
Example:Pavillion Fund Rs.4,00,000
Pavillion construction in progress Rs.3,00,000.
2:Sir,what is the logic of calculating Average Capital Employed and which of three suggested methods is rightly used?
29 September 2011
Pavillion fund is to be shown on the liabilty side
and the amount of pavilion construction in progress to be shown below fixed ASssets at Capital work in progress
and the amount of pavilion construction in progress to be shown below fixed ASssets at Capital work in progress
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