Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

2021

while i creating a main asset master there is a error called process being terminated? pls send the solution

2243

What do you mean by Green-shoe option?

2163

i have need full detail of tds rules and forms submitted dovetails

2080

What is combination?

2188

what are the financial ratios that a manager see in accounting?

2035

business sepsarate entity concepts

2234

What type of questions in accouting point of respect they ask genrally plz help me find out this.

2089

Expand-------IETF

2521

In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

2201

What is Direct Debit

2309

what is sales life cycle???

2054

A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

2127

Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

2246

EXPAND___________NAA

1999