Question { Deloitte, 19610 }

what do you mean acculmated depreciation?

Answer

Accumlated depreciation is the fund which is made to
replace the asset after the economic life of asset .

Question { 3601 }

who are the potential share holders?

Answer

Few comapanies issue debentures and pref. shares which are
convertiable into equity shares at a later date . Until the
date on which it is to be converted into equity comes these
debentures and pref. shares are known as potential shares.
AS 20 provide that it should be considered while
calculating DEPS.

Question { 4341 }

please tell me procedure how to calculate vat if we got vat
credit?

Answer

Following would be the procedure
Suppose we have Rs. 500 under VAt output A/c . Input
credit available with us is Rs. 100 Actal amount to be paid
woud be-
Vat on Output 500
Less Input Credit 100
Balance to pay 400

Question { 3667 }

is provision for bad and doubtful debts an operating cost?

Answer

In my opinion provision for B/d is not operating cost
since it is not related to prime revenue generating activity
It should be treated as other exp.

Question { 3921 }

what is the difference between real expense and operating
expense?

Answer

Operating Exp. is related to prime revenue generating
activity whereas real exp. is related to total exp. which
would be shown before NP . e.g. interest exp. is not
Operating exp. but it is real exp.

Question { 3376 }

If any expenses accrued for the F.B.T paid quarter in the
next relevant quarter, can we post the expenses in the next
quarter?

Answer

FBT will be paid on the exp. which have been shown in the
P/L a/c for the relevant period i.e . For the purpose of
FBT Advance calculation exp. will be taken on accrual basis

Question { Hindalco, 6283 }

What you mean by blue chip companies?

Answer

Blue chip companies refer to class of companies which are
of special standing . This term is generally used to refer
that investors will get good return if they choose to go
for these companies becoz of the following features of
these companies
Better capitalization- however no monetary limit
Better Profitability e.g. NP, Cash flow etc
Better investor relation
Following social resposibility.