what difference between current cost and current value?
Answer / manojs
current cost is the cost which is incurred to replace a
assets
current value is the value of the asset today in the
market. as known as fair market value
| Is This Answer Correct ? | 7 Yes | 1 No |
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
what is diffence between Ltd. Company and Pvt. Ltd. Company
Sir i want bill payable meeaning,Entryes
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
Expand ----------GIDB
What is mean by Reserve on Consolidation?
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
Manju started business with Rs.10000?state whether the following transcation is business transcation or non business transcation?with reson?
what is p/l appropriation a/c?
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?
what is the nature of accounting function ?
1 Answers Karnatak University,
what is a JOURNAL ENTRIES FOR ISSUING A dabit NOTE