O2C cycle with which accounts get effected

Answer Posted / manojthakur

CYCLE IS KIND OF FIXED ASSET AND IT IS CONSIDERED INTO THE
FIXED ASSETS AND ALSO DEPRECIATION ACCOUNT IS EFFECTED AT THE
END OF YEAR AS DEPRECIATE VALUE ACCOUNTED.

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

When Tds is applicable to deduct and wht is rate for different work panel?

1482


How to pass VAT retention entry on computer and Furniture

2430


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1621


What are the accounting entries for branch accounts?

625


Is push down accounting accepted under generally accepted accounting standards?

610






Why is it necessary to prepare Asset Disposal Account?

1469


What is a trial balance in accounting?

662


What are the different branches of accounting?

619


Explain how you can adjust entries into account?

655


Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

3425


what is current rate of excies duty for a manufacturing company?

1616


Why are accounting standards necessary?

661


Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

1940


record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.

3164


Explain compound journal entry.

605