What are the methods of Depriciation ?
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Short Answer on _________Revenue Expenditure
capital goods excise duty why are taken in 50 percent in firt finicial year and second next finicial year?
e.g of derivatives
What is conta entry
How to treat the provision for bad debts which appeared on the credit side of the P&L A/c?
What is Contra Entry?
37 Answers Ferguson, RG Group, TCS,
what is public ltd company and difference between public ltd company and public sector undertaking?
6 Answers Capital IQ, College School Exams Tests,
list out the accounting concepts and explain the accural concept
10 Answers Capital IQ, College School Exams Tests, SNE,
Expand STP?
What if FICR?
what is meaning NPA?
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units