EXPAND___________LTC
Who are called as partners
fill in the Blanks The minimum amount of remuneration allowable to the working partners is___________
what is deferred revenue expenditure
can depreciation on live stock?
what is Journal Entries?
Where we show Service Tax Due ( Credit Balance ) in Balance Sheet?
What are the errors and the types of errors?
Can anyone tell me that when we purchases a fixed asset like Machinery its our capital Expenditure and after acquetion of this assets the expenses like unloading loading, and some other parts for reparing purchase for this in which account i have to enter.
Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost freight & insurance Rs 200/- Margin @ 15% on selling price
What is Capital Budgeting?
While selling fertilisers can we charge VAT on excise duty.
Liabilities: 2006 2007 Assets 2006 2007 Trade Creditiors 100 40 Cash atBank 100 65 Bills Payable 50 60 Account/R 105 120 Outstanding Expenses 25 20 B/R 130 140 Bonds Payable 220 140 Inventory 110 40 Accumulated Depreciation: Machinery 120 160 -on Machinery 30 35 Building 300 310 -On Building 75 85 Land 60 130 Reserves 100 115 Patents 55 60 Retained Earning 130 170 share Capital 250 360 Profit from operation after providing Rs.10,000as depreciation on building and Rs.10,000 on machinery and Rs.5,000 as amortization on patents for the year 'April 06- March07' was Rs.35,000. Other revenues for the year were Rs.40,000. An old machine with original cost of Rs.15,000 was sold at a loss of rs.5,000. Prepare Fund Flow Statment and Cash Flow Statment for the year ending March 31 2007 based on the information given above.