Finalization of balance sheet (part – 3)

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Originally posted by : ABHINANDAN JAIN

First of all thank you so much for such a grt pleasure....i'm very much thankful to u.

In addtion i feels that the correct presentation for 2nd method/way would be:

 

Under CURRENT ASSETS, the Sub heading would be "Cash & Cash Equivalent"






Particulars



Amount





Fixed Deposit with ABC Bank


 




            Upto 3 months maturity



 XXX





 

Under CURRENT ASSETS, the Sub heading would be "Short Term Investments"






Particulars



Amount





Fixed Deposit with ABC Bank


 




          3 to 12 months maturity



 XXX





 

Under NON CURRENT ASSETS, the sub heading would be “Long Term Investments”






Particulars



Amount





Fixed Deposit with ABC Bank


 




More Than 12 months maturity



 XXX





I hope u'll keep producing such kind of articles for CCI members...

thank you..once again

 

Thanks a lot Buddy for appreciaitng my work.

Yeah once again thanks for the value addition.

Regards

Sanyam

Replies (30)
Originally posted by : ABHINANDAN JAIN

First of all thank you so much for such a grt pleasure....i'm very much thankful to u.

In addtion i feels that the correct presentation for 2nd method/way would be:

 

Under CURRENT ASSETS, the Sub heading would be "Cash & Cash Equivalent"






Particulars



Amount





Fixed Deposit with ABC Bank


 




            Upto 3 months maturity



 XXX





 

Under CURRENT ASSETS, the Sub heading would be "Short Term Investments"






Particulars



Amount





Fixed Deposit with ABC Bank


 




          3 to 12 months maturity



 XXX





 

Under NON CURRENT ASSETS, the sub heading would be “Long Term Investments”






Particulars



Amount





Fixed Deposit with ABC Bank


 




More Than 12 months maturity



 XXX





I hope u'll keep producing such kind of articles for CCI members...

thank you..once again

 

Thanks a lot Buddy for appreciaitng my work.

Yeah once again thanks for the value addition.

Regards

Sanyam

Very imp article 

Thanks for sharing

Thnks Sanyam :)

I loved the last part  (part 2) yes

Nice Article dear Sanyam..........................................

First sry for late reply, held up with busy sechdule.

Now on your article, Very nicely explained bro and u made clear understanding with step by step.. keep doing ur work and keep sharing...

 

All the best...

nice article...easy to understand..

keep sharingyes

Sir

Thanks for the write up.

In the concluding para, you have mentioned that interest on service tax has to be added back while computing taxable income.

Do we have to do this exercise. Kindly reconsider your observation.

Originally posted by : BALU.....

First sry for late reply, held up with busy sechdule.

Now on your article, Very nicely explained bro and u made clear understanding with step by step.. keep doing ur work and keep sharing...

 

All the best...

Thanks a lot brother for Appreciaitng the work.

Regards

Sanyam

Originally posted by : B.Chackrapani Warrier

Sir

Thanks for the write up.

In the concluding para, you have mentioned that interest on service tax has to be added back while computing taxable income.

Do we have to do this exercise. Kindly reconsider your observation.

First of all, i will like to thank you for considering my Article worthy.

It's an honour for me infact.

And i am no - one in front of you sir, So i will really appreciate if you can share your valuable suggestion in respect of the said point.

This point was told to me by my senior.

So please share your suggestion in respect of the given point.

Originally posted by : *RENU SINGH *

I loved the last part  (part 2)

Thanks Renu for considering my Article worthy.

Regards

 

Originally posted by : ananya

nice article...easy to understand..

keep sharing

Thanks Ananya for considering my Article worthy.

Regards

Sanyam

Really appreciate ur efforts Mr.Sanyam Arora & Mr. Abhinandan Jain...........

 

Pl sum1 clarify on issue raised by Mr.B.Chackrapani Warrier, wht is correct treatment..............

hi sanyam,

i have a doubt as u said interest on service tax is disallowed...

 Interest on indirect tax is allowed as per my knowledge.

 


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