How many types depriciation we have?
Answer Posted / manoj
As per Companies Act there are there are two types of
Depreciation:-
Straight line method and W.D.V.
But as per Income tax act we have W.D.V.
| Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
Indian Iran Gas pipeline
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
What is the Assets & Liabilities?
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Distinguish between sale and consignment
what is dieerence between capital cpapital structure
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.
what is mean by traditional accounting ?
What si the differance between REVENUE and PROFIT?
Nature of training account with reason
what are the financial ratios that a manager see in accounting?
company's total overhead expense is containing which are the expenses? Definition of overhead expense.