A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,000/- and installation charges Rs.10,000/- what is the journal entry
4 16957Company Providing Mobile handset to all employee on free of cost and returnable basis while leaving the job. My query is- how i account the above transaction - under fixed asset or mobile expenses- ( indirect exp) or staff welfare ( indirect exp ) Kindly suggest
2 3278Increase in one equity with no change in the asset will result in .................... of another equity
1 4012how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
1888How to make entries in Talley for the advance of Rs. 5 lacks is given from the Project A to B to be returned after some months
1 2886We are dealing in a security (MANPOWER PROVIDER)WE HAVE A PROBLEM AS PER OUR CLIENT'S REQUIREMENT pf and esic challan seprately require by client's can we generate seprate challan Please advice as early as possible.
1 2489Post New Accounting General Questions
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.
Who owns the general ledger?
how to prost entry for purchases with a bill
How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?
what is service tax & excise? How will it be charged?
How you can adjust entries into account?
total assets are equal to total liabilities in final accounts ?why?
Explain which account is responsible for interest payable?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
What are the disadvantages of manual accounting?
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
What are control ledgers?
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
what are the different types of expenditures considered for the purpose of accounting?
