Answer Posted / ravichandra

Hi,
Depreciation is a measuare of the wearing out, consumption
or other loss of a value of a depreciable asset arising from
use, effulaction of time and obsolvence.
Depreciation is a process of allocating the depreciable
asset of an its estimated life of the period.

BRS
Brs means Bank reconcilation statement. its to be prepared
to know the difference between cashbook and pass book. its
to be prepared for monthly one time.

Accounting concepts are very very important in the
accounting. because of every accountant in the world should
have follow the conceps. there are called as gaap. it means
generally accepted accounting principles
these are
- Business entity concept
- money measurement concept
-cost concept.
-dual concept
-going concern concept.

entry for paybles is
SUPPLIER NAME A/C DR
TO CASH/BANK A/C.

What is the difference between reserve and provision.

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Short Answer on _________Business

2088

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If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

2232

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What is the use of final account?

1850

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why cost center is assign to gl account in sap

1477

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business sepsarate entity concepts

2186

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Short Answer on __________Revenue

1956

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What is money measurement concept

2127

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what is meant by virus

8228

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i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1942

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intorduse your self ? what to say if iam fresher.

2607

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Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .

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What goals do you have in your career

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EXPAND___________NBFCS

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what is the core accounts

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