is we purchase any software like installation of MS Windows do we need to capitalize it or post it under head repair & maintenance A/c?

4 Answers  

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What is cost of goods?

2 Answers  

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Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 Answers   Ignou,

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if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary

1 Answers  

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a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

0 Answers  

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what is mutual funds best way to answer?

3 Answers   Genpact,

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What is the treatment of claim settled by insurance company but still receivable in profit and loss account

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1. what is the general Percentage in india (%) of Deprication for Furniture, building Other Assests like Company Car, and COmputer and Airconditioner etc., Waiting for Answers

6 Answers  

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Under which Category TDS payable and TDS receivable will fall explain the rules

1 Answers   JLM Aircon,

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What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...

1 Answers  

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my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

0 Answers  

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how to applicable esi what is the rate of percentage i am getting Rs. 15000/- gross salary and how much amount will deduct esi from my salary

3 Answers  

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