Q): Intangible assets(Goodwill,patents,copyright etc) how we amortise it.. this intangilble assets value can increase so till life time we should amortise these assets please guys explain me this structure?

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Define offset accounting?

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A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.

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What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

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What do you mean about TDS And Sale tax retrun

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x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

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what is entry of depreciation in journal

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Mention the types of accounts involved in double entry book-keeping?

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What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?

2 Answers   Cognizant,

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input vat, wht use in wct

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how to calculate closing stock?

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What is Provision Entry

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