What are the current liabilities & current Assets

2 Answers   ABC, Steria,

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What is the accrued interest & how the entry will be passed for the same

1 Answers  

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why profit and loss account debit balance appeare in the asset side of balance sheet?

11 Answers   Genpact, HCL, Rites,

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A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?  

1 Answers  

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In accounting, how do you define the premises?

0 Answers  

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On monday my interview in TCS as an general accounts executive some one tell me about there process its realy urgnet for me how may process of interview i want to passout for selection and which type of question i will face at the time of intervew its urgnet for me please guide me for succuessful interview its realy needful for me my question is any one having aptitude test paper sample

1 Answers   TATA, TCS,

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Is tmb is nationalized bank?

1 Answers  

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What are the objects of cost accountancy?

0 Answers  

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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  

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Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.

1 Answers   SSPL,

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DEAR ALL PLEASE TELL ME? WHAT IS THE LIMIT OF CASH COMMISSION PAID AND RECD?

1 Answers   Jindal,

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Do you know what are trade bills?

0 Answers  

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