what is asset and what is liability ? why in B/S both will
tally at the of the accounting yr or financial yr as the
case may be ?
Answer / sunil
Asset means the property which we owned.Liability means
which we have to pay.To know about the position of an
organisation .
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Are all employess of Embassies and World Bank in India are exempt form paying service tax for personal and offical use of the services or only Dimplomats in case of Embassies and Selected emplyoees of World Bank are exempt from payeing Service Tax for personal/offical use
List out things that fall under intangible asset?
what is the definition of dual reporting in view of global market?
Plant and machinery destroyed for 50000
What is unabsorbed depreciation ? how its treatment different in taxation vis-a-accounting?
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
What is account in accounting?
how many types of currencies are there in oracle r12
Apportionment of expenses
what do u mean by Guidance
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
X of Kolkata sends out goods costing 300,000 to Y of Mumbai at cost + 25%. Consignor’s expenses Rs 5000. 1/10th of the goods were lost in transit. Insurance claim received Rs 3000. The net loss on account of abnormal loss is (a) Rs.27,500 (b) Rs.25,500 (c) Rs.30.500 (d) Rs.27,000