Interested to Buy Any Domain ? << Click Here >> for more details...
If you keep an amount for the office interior designing
purpose what is the entry?
- 5 Answers
- 9257 Views
- bscpl, L&T, I also Faced
- E-Mail Answers
Answer Posted / krishna murthy
It can be either an obsorbed expense a/c or capital account
based on the amount incurred.
1) Expense a/c ( office maint/Repair Maint) Dr
Cash/Bank A/c Cr
2) Capital Expense A/c. Dr
(Work in Progress to Capital A/c incase of Running work)
Bank A/c.Cr.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
How and by whom the Percentage of Depreciation is fixing?
what tax will be on puchasing of sweets and is necessery to use form 38.
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
bill to addres? ship to addres? rimit to address?
what is Calculation of Depreciation for 4 to 5 Years?
what are responsibilities of an accountant in a company?
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
what is purchase consideration?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
Expand ________FOR
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
INTE3RNATIONAL ACCOUNTING STD
