Answer Posted / nalini.m

AS 1
Disclosure of Accounting Principles
AS 2
Valuation of Inventories
AS 3
Cash Flow Statements
AS 4
Contingencies and Events Occurring After the Balance Sheet
Date
AS 5
Net Profit or Loss for the Period, Prior Period Items and
Changes in Accounting Policies
AS 6
Depreciation Accounting
AS 7
(Revised)
Construction Contracts
AS 8
Accounting for Research and Development
AS 9
Revenue Recognition
AS 10
Accounting for Fixed Assets
AS 11
(Revised 2003)
The Effects Of Changes In Foreign Exchange Rates
AS 12
Accounting for Government Grants
AS 13
Accounting for Investments
AS 14
Accounting for Amalgamations
AS 15
(Revised 2005)
Employee Benefits [click here for related announcement]

AS 16
Borrowing Costs
AS 17
Segment Reporting
AS 18
Related Party Disclosures
AS 19
Leases
AS 20
Earnings Per Share
AS 21
Consolidated Financial Statements
AS 22
Accounting for taxes on income
AS 23
Accounting for Investments in Associates in Consolidated
Financial Statements
AS 24
Discontinuing Operations
AS 25
Interim Financial Reporting
AS 26
Intangible Assets
AS 27
Financial Reporting of Interests in Joint Ventures
AS 28
Impairment of Assets
AS 29
Provisions, Contingent Liabilities and Contingent Assets
AS 30
Financial Instruments: Recognition and Measurement
AS 31
Financial Instruments: Presentation
AS 32
Financial Instruments: Disclosures

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Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

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My BASIC Salary is 18,000

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WHAT IS PROSPECTUS?

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What is the mening of uidnvhe.?

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what is pre post expenses

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2. You are required to prepare a Profit & Loss Account for the year ending 31st December, 2007 and the Balance Sheet on that date. The Trial Balance of XYZ Ltd. for the year ended 31st December 2007 is as follows:- Trial Balance of XYZ Ltd. as on 31st Dec. 2007 Debit Balances Rs. Credit Balances Rs. Materials used 3,50,000 Sales(including 2% Sales tax) 9,18,000 Cost of Labour 1,50,000 Sale of Scrap 100 Stock, finished and work in process on 31st December, 2006 50,000 Rent received 2,000 Wages : Factory Staff 15,000 Discounts 2,750 Directors Remuneration 50,000 Recovered against fire claim re : Stock 5,000 Salaries : Clerical Staff 75,000 Capital : Equity 25,000 Insurances : Workmen’s Compensation 1,500 Preference- 9% 8,000 General, fire etc. 2,000 Creditors 1,56,000 Directors’ Life Insurance 1,500 Provision for Taxation 1,05,000 Maintenance : Buildings 1,000 Profit & Loss Account 13,750 Plant and Machinery 12,500 Rent and Rates of premises and hire of plant 20,000 Heat, Light and Power 15,000 Experimental and Laboratory Expenses 10,000 Canteen Expenses 5,000 Staff Welfare expenses 2,500 Motor Expenses 12,500 Professional Charges 2,800 Postage and Telephone 3,500 Books, Printing and Stationery 11,000 Sundry expenses 10,000 Carriage and Packing on Sales 3,300 Discounts 5,000 Debtors 1,78,000 Freehold Property 50,000 Plant and Machinery 12,500 Fixtures and Fittings – Offices 3,500 Office machinery and Equipment 3,000 Motor Car and Van 6,500 Stock of materials on 31st Dec. 2007 1,20,000 Bank 38,000 Sales Tax Paid 15,000 12,35,600 12,35,600 Depreciation is to be provided at the following rates: Plant and Machinery 10% Fixture and Fittings 05% Office Machinery, etc. 10% Motor Vans and Cars 25% The stock of finished goods and work in progress as on 31st December, 2007 was Rs. 35,000. Provide for preference dividend and ordinary dividend at 10%. The total taxation liability is estimated at Rs.1,50,000 of which Rs. 75,000 relates to the current year. Debtors include Rs. 10,000 deposited as security against government contracts. The Works Manager is paid partly by salary and partly by a commission; he is entitled to a commission of 5% on the amount by which the surplus in the factory cost exceeds 20% of the sales for the period. Charge the commission if any in the Profit and Loss Account.

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You have joined company yesterday then you are Appling B1 visa today. why so urgent.

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what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)

1869

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1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?

2132

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what are the uniform public construction cost accounting act procedures?

2015

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INTE3RNATIONAL ACCOUNTING STD

2324

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hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

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why cost center is assign to gl account in sap

1510

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HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

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