Interested to Buy Any Domain ? << Click Here >> for more details...
Difference between material in transit and capital work in
progress
- 3 Answers
- 14155 Views
- I also Faced
- E-Mail Answers
Answer Posted / senthil kumar
Material in transit which means goods are manufactured as
per the customer need and that goods are dispatched from
manufacturing unit to customer place that period of time
was called as material in transit.
capital work which means capital is nothing but cash. so
company will work to making up the capital wealth high that
is called as capital work.
| Is This Answer Correct ? | 4 Yes | 7 No |
Post New Answer View All Answers
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
how there prepare bank interview
what is differred tax liability? explain in detail with some example.
Expand---------PDCB
Short Answer on __________Measurement
What is meant by Nostro Reconciliation
Define `Realisation` Account? Explain the salient features?
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
which are the basic princeples of accountancy... with examples
While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"
Expand BFSI
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
