A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

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Who is a merchant

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What is Working Capital Management ? Give the formula for it

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Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

1 Answers  

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WHAT ARE THE PRINCIPALS OF ACCOUNTING

6 Answers   Fullerton,

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Expand---------RMP

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what do you mean by BPO,KPO

21 Answers   Accenture, HCL,

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what is the meaning of fbt? tell me diffrent type of fbt rate? & when it will consider in accounting?

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What is Standard Cost?

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can debenture is cenverted into share?if yes? how?

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state wheather the following statements are true or false i, the issue of shares ata discount must be authorized by a special resolution of company. ii, operating or finance lease comes under provision of as- 13 iii, at the end of the accounting period the balance of "goods sent to branch account" is transfered to trading acount iv, for life business premium is to be recognized on receipt basis v, a banking cannot grant any loans on securities of its own shares

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definition of "call in arrears"

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