As there is a two types of rates of depreciation i.e as per Income tax Act & As per Company Law.But, in accounting process which of these rates should be taken ?

1 Answers   NTPC,

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Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000

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what is the mean of amountisation

1 Answers  

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hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately

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our company purchased a used Forklift car. it is 6 year old. since it has reached its depreciated value, do i need to take it as a Fixed Asset? or just book it as an expense ?

1 Answers  

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What is the Meaning of Current ratio?

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Mr.x gets Rs66000P.M .He told that you donot cut any dedution from my salary.This is possiable please tell some useful investment

2 Answers  

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I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

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Cheque in hand is current asset or fixed asset...?

3 Answers   VKS,

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what is meant by banling reconcillation statement?

1 Answers   Genpact,

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Tell me do you possess any knowledge about accounting standards?

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i want to know about Bonus and Gratuity, i am working as a accountant from July'10 some private organization is it applicable for me

2 Answers  

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