my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

1955

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

1797

How do you maintain accounting accuracy?

1055

How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally

27233

what is inter-company transaction? what is Inter-Branch transaction?

8747

capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1510

Do you know offset accounting?

982

My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1512

What entry to be passed for Duty draw back as receivable

1866

Detail your responsibilities in accounts receivable

1070

What is the dual aspect concept?

1108

Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

2088

Assigning natural account to accounting seg. What will happen

1996

if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1486

can any one tell what is the selection proces in cognizant for MBA finance

6967