Under which Act( Com/IT) depreciation debit to P & L ?
Answer / h.r. sreepada bhagi
Under the Companies Act, 1956 (India)
| Is This Answer Correct ? | 2 Yes | 1 No |
for an inter branch bank transfer (sbi to sbi)what entries should we pass?
net worth is: 1)total assets less outside liabilities 2)total liabilities plus owner equity 3) current assets less current liabilities 4) total accumulated profit less liabilities choose correct and with deatail.
WHAT IS IRR,NPV AND AT WHICH RATE THE PRESENT VALUE IS CALCULATED
which date is effected in books related bank reconciliation transaction date or value date?
1.an Asset costs $ 10,000 and has a net book value of $ 100, and an estimated life of ten (10) years, what would be the annual depreciation using the straight line method?
Did you use accounting applications at your previous companies or prefer working manually??
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
how to prepare trial balance?
What Is Bank Reconciliation ?
How can we explain what is an asset, consumable, stock, store item ? What are the essential differences?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.