what is factory account. Descibe in details



what is factory account. Descibe in details..

Answer / guest

i looking forward of exports company it is made of leather
garments total turnover of 6 crore.

Is This Answer Correct ?    2 Yes 2 No

Post New Answer

More Accounting General Interview Questions

Explain the process of withhold tax invoice

0 Answers   Accenture,


4_ _ _ 4 _ _ _ 4_ _ _ 4 =20 use +,-,/,* to solve ot

5 Answers  


what is contribution? how does it help in taking managerial decisions?

0 Answers  


A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.

0 Answers   Tejas,


Why we debit expenses and credit incomes ?

0 Answers  






I have taken becup from tally how to restore another tally the same data.

1 Answers  


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

0 Answers  


Why TDS not Deducted on Service tax amount of Rent.

0 Answers   Genpact, J Kumar,


What are mis reports and how do you prepare it?

0 Answers  


What is the difference between Accruals and Provisions?

0 Answers   Cap Gemini,


Calculation of closing Stock give example?

25 Answers   ABC, Accounting, Crossdomain, EDS, FAIM, Set Trade,


'Talk me through an example of how you have used data to improve your teams productivity.'

0 Answers  


Categories