Answer Posted / rakesh

Some times some part of amount paid for expenses relates to
next financial year that amount is called prepaid expenses.
exampe.

vehicle insurance amt.to be paid 3000/- ( from 15.02.08 to
15.04.08)
Rs.3000/- to be paid for two month but it include 15 days
for next f/y. hence Rs. 750/ is prepaid expenses.

vehicle insurance Dr. 2250/-
prepaid exp. Dr. 750/-
Bank A/c Cr 3000/-
(being amt. paid for insurence charges from 15.02.08 to
31.03.08 and 15 days of april.)

Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

2075

---

payroll calculation procedure explain completely?

2572

---

How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

1908

---

The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate

2505

---

when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker

2131

---

EXPAND_________SEB

2041

---

What is the working formula for Inventory turnover

2038

---

What is miscellaneous expense and when it is used

2120

---

What is EBITDA

1879

---

While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

1994

---

Up to what time we can show TDS Receivables under Advance Income Tax A/c?

2074

---

define bank Draft

2481

---

Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset

2185

---

How to increase our credit rating score quickly?

1913

---

CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1521

---