An advice to all

An advise 2all

Net realisable Value

Net realisable value is the estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale

I never understood Y ??

Indian Railway system second largest in d world.

Indian railway system is Largest Railway network in Asia and World's second railway network under the one management...

How awesome Intermediate was?

How awesome Intermediate was.

*When ur late u can rest at home.

*When ur mood change u can Bunk college

*When there is Saturday ur plans changes according to Frenz.

*When u attended college on Saturday felt dat ur unfortunate to attended college without friends. But feels happy Bcuz tomorrow will b Sunday.

*U can hav joy n Fun by teasing lecturers.

*When back benchers raise voice u also join them.

**When ur late u enters in college fearing dat u'll b stopped but successfully entered in class safely.

*when ur not prepared 4 X'ams depends on near n dears.

*Now I'm eagerly waiting for a holiday. Unable to take even on Sundays my institute works we have 2 grand test in a week. Daily u'll b tensed about ur progress.

Finally Professionalism is not so easy to Develop inside Ourselves.

ACCOUNTING CYCLE:

ACCOUNTING CYCLE:

*RECORDING
*CLASSIFYING
*SUMMARIZING
*ANALYSING
*INTERPRETING

Bank reconciliation

Remember in BAnk reconciliation statement alwayz the cash book means bank column of cash book.....

dont termed it as cash a/c

Traditional approach VS Modern approach

**Traditional approach::::----

Personal A/C
Real A/c
NOmial A/c

**Modern Approach::::---

Assets
Liability
Income
Expenditure
Capital

Moma or Merit Cum Scholarship

Central government announced merit scholarships for students.. just log on to

Momascholarship.gov.in

My favo Car

My favo Car 1 and only Porsche

The Rules of Regular & Irregular Plurals in English

The Rules of Regular and Irregular Plurals

For most nouns, just add -s			For nouns ending in s, x, z, ch or sh, add -es
Singular	Plural		Singular	Plural
hand	hands		box	boxes
rabbit	rabbits		pitch	pitches
key	keys		wish	wishes
clock	clocks		boss	bosses
football	footballs		buzz	buzzes
door	doors		glass	glasses

    

For some words ending in o, add -es			However, for some words ending in o, just add -s
Singular	Plural		Singular	Plural
potato	potatoes		cello	cellos
tomato	tomatoes		disco	discos
hero	heroes		hairdo	hairdos
echo	echoes		logo	logos
banjo	banjoes		patio	patios
The plural of many words ending in o can be spelt with -s or -es.			photo	photos
			piano	pianos
			radio	radios

    

For some words ending in f, change the f to a v and add -es			However, for some words ending in f, just add -s
Singular	Plural		Singular	Plural
half	halves		chef	chefs
loaf	loaves		cliff	cliffs
elf	elves		ref	refs
leaf	leaves		roof	roofs
self	selves		The plural of some nouns ending in f can be spelt using either variation.
shelf	shelves
thief	thieves
wolf	wolves

    

For some nouns ending in ife, change the f to a v and then add -s			For common nouns that end with consonant + y, change the y to an i and then add -es
Singular	Plural		Singular	Plural
wife	wives		poppy	poppies
life	lives		fly	flies
knife	knives		penny	pennies
			spy	spies
			nappy	nappies
			sty	sties

    

Some nouns are the same in both singular and plural from			For some nouns, change other letters or just change the word completely!
Singular	Plural		Singular	Plural
fish	fish		person	people
sheep	sheep		child	children
deer	deer		ox	oxen
tuna	tuna		foot	feet
salmon	salmon		tooth	teeth
trout	trout		goose	geese
			mouse	mice
			louse	lice
			man	men

ATM usage fees in India

ATM usage fees in India

In India, ATM annual fees( Rs. 100 in Govt. bank and Rs. 500 in private bank).[18] In 2007, the Reserve Bank of India (RBI), the country's central bank, had issued a directive to all commercial banks to freeze ATM charges and, with effect from 1 April 2009, abolish ATM service charges altogether. Since 2009, customers of any licenced bank are able to use the ATMs of other banks without paying a service charge. Earlier, banks charged between INR 10 and INR 35 per reciprocal transaction.Today a person holding card of other banks can withdraw amount from other bank ATM's but the amount of transaction is limited to 5; after 5th i.e. 6th transaction forward the person would be charged up to INR 20.^[19]

However, banks can still surcharge for items such as credit card ATM cash advances and at foreign ATMs. In addition, RBI imposes significant foreign exchange restrictions on the use of Indian debit VISA/MasterCard abroad. For example, Indian debit VISA cards are routinely marked "Valid in India and Nepal only" due to the country's restrictive foreign exchange reserve policy.

In the same directive, free mutual ATM usage was reverted to 5 free such transactions per monthly statement cycle; beyond which a cap of INR 20 has  been fixed for ATM cards issued to savings bank/term deposit account customers. However ATM Cards issued to current, cash credit, and unit trust account holders would be charged from the first instance. Source wikki

prevent waste of time and improve the Handwriting Speed

Prevent waste of time and improve the Handwriting Speed

1) Always join all the Alphabets in English Language – The reason for this is “lesser the pen lifts, faster the writing will be”. 

2) Practice Handwriting on the day of the Exams for 15 minutes – this will provide warming up and flexibility to the muscles and nerves of the Forearm for easy movements.

3) Use pens which you are comfortable with – Do not use new pens on the day of the Exams, since you would have adjusted to the width and length of the pen while holding it. 

4) In case of Ball pens, always carry 3 to 5 extra refills which are already used partially – so that you do not use a new refill which may temporarily hamper your speed and rhythm of writing.

5) In case of Pencils, always carry 3 to 5 extra pencils which are already sharpened – this will make you save time from sharpening the pencil leads during exam hours. 

6) Do not hold the pen or pencil very tightly – this will slow down your Speed of writing. Medium and normal holding will be sufficient. 

7) Do not press the pen or pencil heavily on the paper – this will take lots of your energy to write and will make you exhausted and lessen your speed of writing.

8) Be aware of the fact that our brain will recollect the answers for a particular question very quickly, but our hand will not move that much faster to write on the paper equivalent to the speed of our brain. So do not hurry in a panic while writing the answers.

9) Avoid any kind of anxiety, fear or mental stress on the Exam day – these will hamper the style and look of your Handwriting since they psychologically affect your performance of writing. 

10) On the day of the Exams, avoid wearing any kinds of Rings, Threads, Bangles on the writing hand so that they do not physically hinder your pen holding or hand movements while writing.

Source: Vidhyaashram com

Difference Between Excise Duty and Custom Duty

Difference Between Excise Duty and Custom Duty

There are many taxes that a local government collects from people running their businesses or doing service in that country. There taxes are collected to meet the expenses incurred by the government in developing infrastructure and providing basic necessities to its citizens. These taxes are of two types direct and indirect taxes. 

Two types of indirect taxes are excise duty and custom duty. Excise duty is collected on the goods produced by a manufacturer that are to be sold in that particular country. 

Custom duty is levied on the goods that are imported from other country and are meant to be sold in the country. Both of these taxes are indirect taxes as they are passed on to the consumer by adding them in the costing.

Top 10 Largest US States in Area

Top 10 Largest US States

State Area (sq km)

1. Alaska 1,481,350

2. Texas 678,051

3. California 403,933

4. Montana 376,979

5. New Mexico 314,309

6. Arizona 294,312

7. Nevada 284,448

8. Colorado 268,627

9. Wyoming 251,489

10. Oregon 248,631

(note:- the info. provided was the recent as in 2012)

Methods of Depreciation: Diminishing Balance method of Depreciation

Diminishing Balance method of Depreciation

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NOTE:- in diminishing balance method depreciation value will b different in every year. 

Indian map in 19 Century

Indian map in 19 Century

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Indian map now

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Partnership accounts: Calculation of Goodwill (Super profit basis method)

Calculation of Goodwill (Super profit basis method)

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in this method we get to know how to calculate goodwill in Super profits Basis method. This method is slight different from average profit method.

 More about Goodwill and partnership accounts:

Average profits method.

Partnership accounts: Calculation of Goodwill (average profit method)

Calculation of Goodwill (average profit method)

Click to enlarge

There are various method to calculate goodwill. But in this method we get to know how to calculate goodwill in average profits method.

Tally.ERP 9 A 3.7 Lite installer released!!! Download

Tally.ERP 9 A 3.7 Lite installer released

Hey, frenz hope you all fine. In my previous post about tally we learnt how to download "Tally ERP9 version". Last month the Tally solutions Private Limited released a new version  3.7 Lite installer version of Series A. Hope this will give a new solutions to our problems. In previous lite version of tally we faced many problems like changing of date etc... 

Click on below button to download Tally.ERP 9 A 3.7 Lite installer

Wait for a few seconds your download will automatically start

 Click below to Download tally ERP 9

Click here to Download Tally Developer 9