machinery is assets or liabilities
Answers were Sorted based on User's Feedback
Answer / jyoti chaudhary
Machinery is fixed Assets.As its value get depriciated year
by year.
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / aman
ofcourse machinary is fixed assets and it is depreciated by
year by year.it is a long term assets.
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / m.chandramani meitei
machinery is a depreciable asset.
| Is This Answer Correct ? | 12 Yes | 4 No |
Answer / bijay parida
In a Balance Sheet the left hand site to shown the
liability and right hand site to shown the asstes site.
| Is This Answer Correct ? | 2 Yes | 0 No |
Dear sir, I have complete B.com in march 2007, for past 4year i am doing some marketing jobs in insurance sector, now i need to change my job in accounting sector, i have heard that by doing SAP Fico there will be better opurtunity in corporate companies.
EXPAND___________MHRD
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
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