Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.

1599

kindly send the TDS tariff on Security expenses, rents, transport charges etc.,

1577

how to maintain stock if any entry mismatch pllzz tell me short cut

1072

How to post salary advance transfer from one branch to another branch ?

1026

what is automatic payment in sap fico

1631

how to finalaze the balence process using tally

1948

Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?

571

EXPAND______________IARCS

1495

honararium for the month of march 2013 can be paid on 31 mar 2013

1669

what is purchase tax in rajasthan.

1589

you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2277

Explain have you ever prepared mis reports and what are these?

633

Detail your responsibilities in accounts receivable

620

Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

1818

Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

1568