Answer / darvesi

When a firm purchase the goods or service from another
person with out paying any consideration now. but it will
paid in the feauture date

i have one doubt. i purchases of fixed assets from other state the value 5 lack. the transpotation cost of 50 thousand now the value of fixed asstes is 550000 or only 5 lack, it is right or worng .. pls cleare my question

6 Answers  

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what is direct tax or inderect tax? all uses form with fill up full?

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WHAT IS ACCOUNTING?

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Golden rules of accounting

369 Answers   Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS,

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i have need full detail of tds rules and forms submitted dovetails

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Choose the right answer When salaries for the month of March paid in April which was already taken into last years account,we have to debit 1.Salaries account 2.salaries payable 3.Employee account

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WHAT IS THE MEANING OF DEPRECIATION ?

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Expand-----DRM

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What is Cheque

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Tell me something about you

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PLEASE EXPLAIN DEBIT NOTE & CREDIT NOTE?WITH THE FOLLOWING QUESTION? 1)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS SUPPLIER(CREDITOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? 2)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS CUSTOMER(DEBTOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS?

1 Answers   URC Construction,

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How does the rendering of services on account affect the accounting equation? a. Liabilities increase; stockholder’s equity decreasesb. Assets increase; liabilities increase c. Assets decrease; stockholder’s equity increases d. Assets increase; stockholder’s equity increases

1 Answers  

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