If a software is being purchased which can be used at its
own for the purpose of implementation of computerisation of
various customer accounting system. then what will be the
treatment for the same in accounts ??? whether it will be
considered as intangible assets or inventory?
- 1 Answers
- 2608 Views
- I also Faced
- E-Mail Answers
Answer / kavitha
it will consider as tangible assets and we can claim
depreciation at the same rate which we use for computers
| Is This Answer Correct ? | 0 Yes | 0 No |
While processimg for vendor outgoing payments in f-53 i am getting error massage i.e.exchange rate difference incomplete in vendor g/l account and allowing me to clear the payment,how can i rectify this one,plz guide me?
EXPAND_________SCB
What is Provate Placement?
Can you explain about the distinction of Book-Keeping and Accounting
Expand----ICRC
what is account payee cheque
suppose as a company i have to pay rennt to tennant but not paid it means payable so how can ipass the entry in tally is any another rent a/c under another head required to create.
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
is accrued expense is asset or liability
What is the procedure to take loan
what is investment banking
0 Answers RBI, State Bank Of India SBI,
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
Audit 
