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Short Answer on ______________Assets
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Answer / abhivirthi tax and industrial
Purchases of Land and Building is called Immovable Asset,
and purchase of Machinery etc., which were immovable
properties is called Capital Assets, and purchases of Air
Conditioner, Two wheeler, Three Wheeler, Four Wheeler,
Furnitures and Fittings, Generator, Refrigerator were called
Fixed Assets and payment of money towards Telephone Deposit,
E.B.Deposit and Sales Tax Security Deposits were called
Deposit Assets.
Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599
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Answer / babhu kanchupalli
What the business owns...i.e fixed assets,current assets,tangible assets,intangible assets,fixious assets etc.....
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what entry to be passed if we have import item from supplier but in the trasaction some items were broken but we have not claimed to insurence co & the broken items we have purchased from local supplier & the value of broken item is not refundable from first supplier. in this condition ??? Pls help me
whatis ratio analysis and methods of its calculation.
Vehicle repairs were made on the insured vehicle Rs 25000/- on 20-1-2009. Insurance claim for Rs23000/- was received on 1-2-2009. Pass entries for both the occassions
Can u please give me example of bonds? is National savings certificate a Bond?
Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry
fill in the Blanks You will always find_______________balance in cash account
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
---------is the main or principle book of accounts
purchases for rs100. vat @ 10% and cash discount rs 5 what is the entry passed
what are the point to see when calculating the Company Profit / Loss
What is the difference between Receipt & Payment Account and Income & Expenditure Account?
9 Answers Accounting, Barclays, ICICI, Tarasons Communications, TATA,
how many type of assets
Audit 
