i have one doubt. i purchases of fixed assets from other
state the value 5 lack. the transpotation cost of 50
thousand now the value of fixed asstes is 550000 or only 5
lack, it is right or worng .. pls cleare my question

Answer Posted / rajesh

Hai you can debit Rs.550000/-. in Fixed itself . Not only
this if you are installing this machine & labour cost also
you can debit in Fixed assets

Is This Answer Correct ?    17 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short answer on _______Amendment

1572


Short answer on Amalgamation

1562


hi guys, pls refer me how to preppare for Indian Bank exams.

2055


Short Answer on ___________Appreciation

1606


Who is called consignor

1592






what is the scenario of multi-org setup?

1783


Short Answer on _______Appropriation

1537


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1782


while i creating a main asset master there is a error called process being terminated? pls send the solution

1786


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2252


Short Answer on __________Trade

1540


Explain valuation methods of Normal and Abnormal loss

1699


Explain why retained earnings have an opportunity cost associated?

3053


We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.

2112


what are the payroll procedures?

1842