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AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
what is difference between matching principles and accrual basis principles?
what are the seven accounting rules
What form of classification of expenses is expected for a charity whose gross income does not exceed ?250,000 preparing accruals accounts?
why a accountatn make the bank reconcellation statement. 2. if you are only accountant for company what will you do if you come daily on job.
What is Goodwill? If it is treated as asset in Balancesheet then what is on its opposit side i.e. liability side.
10 Answers PCE, TCS,
what is zero balance clearing a/c. why we r maintaining this a/c in sap fico
If one person has been paid excess salary in particular month. In next month we want to deduct the excess given in last month what will be the entry, Assume: excess given 2227 This month details : Gross 20058, PF 780, PT 200, and net must be 16851 all effective figures must consider in entry
What is the accounting treatment in the hands of reciever of bonus share or share recived due to demerger or share split.
Whether the medical bills( both Hospitalization and out- patient)submitted and reimbursed to the service provider has not taken initially as value for the purpose of Service Tax, now demanding retrospectively i.e. from 2009-10 on wards(as Demanded by Service Tax Department). Whether Reimbursement is Service Tax chargeable?. Further, Vehicles were provided to them by the service recipient and the Fuel bills were directly paid to the Petrol bunk by the Service recipient. Is that also Service Tax chargeable?
What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
E-1,E-2 form received against which sale?