08-14-2006, 06:25 AM
QNo1 BC to be capitalized = 50*9/12*.8+50*8/12*.8+100*7/12*.1
QNo8 expense out in first year
QNo13 well i like statement form as it is more informative and can show the picture of the position of the company more well. But for exam point of view both are acceptable.
QNo14 Let me discuss it with someone.....im not much in touch with that expense evenly throughout the year
QNo15 If the loan is convertible to equity.i.e. convertible debentures etc or any other liability convertible to equity, we may take it there. but normally v dont..
QNo8 expense out in first year
QNo13 well i like statement form as it is more informative and can show the picture of the position of the company more well. But for exam point of view both are acceptable.
QNo14 Let me discuss it with someone.....im not much in touch with that expense evenly throughout the year
QNo15 If the loan is convertible to equity.i.e. convertible debentures etc or any other liability convertible to equity, we may take it there. but normally v dont..
