Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / pradeep giri
Capital expenditure is on an item that will help generate
profits over the longer term (12 months or more) so a
purchase of a machine or van etc. The item is depreciated
over the items useful life and each depreciateable amount is
charged to the Income statement in the year the item has
help generate profit.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
What type of question generally asked in Brokerage Firm ?
what is the core accounts
what is the meaning of call in arear
Can v transfer trail balance to journal entry how and with example?
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.
Expand-------SCAN
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
what happens to each of the three primary financial statements when gross margin decreases?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Expand---------MRDT
Expand-------MUR
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
What is Trade Recovery Estimate and how can we calculate it?
