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Answer Posted / karanam
Revenue expenditure is an expenditure which has recurring
in nature( occurns frequently).
example: electricity bill ,rent etc;
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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?
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
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Define `Realisation` Account? Explain the salient features?
which kind of expenses or Income will come under direct expenses or Income ?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
fridge was capital or revenue?
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
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Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
Short Answer on ______Amortization
