What is accounting for plant assets?
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pls friends pass journal entry for purchase returns to x with example?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
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
what is the capital expenditure
Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
My company has taken a car Full payment car cheq throw after loan from ICICI Bank, Assume . Plz pass the entry umesh
Transport expense were reimbursed by the supplier Pass journal entry
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what will be entry if fixed deposit mature & bank deduct tds also on it