what is the treatment of term loan & long term debenture in calculation of networth?

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What do you mean by prepration of Balance sheet? how to explain this with example, please tell me if anybody knows this.

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How do you calculate GRATUITY and how much its exempted under taxation?

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

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Goods lost by fire rs.5000 it was partly insured insurance company admit the claim for 3500 what will be the journal entry

3 Answers   SRLF,

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What are the features of financial accounting?

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what is abnormal loss???

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Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

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what is joint venture & venture capitaling

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the client has running his business in a rental building and he built new room in same place with own money. can we use the expenses of new room in profit and loss a/c

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what is journal entry. Let me have the detailed with example. Also the difference between the journal and payment entry.

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We are dealing in a security (MANPOWER PROVIDER)WE HAVE A PROBLEM AS PER OUR CLIENT'S REQUIREMENT pf and esic challan seprately require by client's can we generate seprate challan Please advice as early as possible.

1 Answers  

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