Answer Posted / svkavani
Amortization is a method of write down Fixed Assets over its useful life.For instance You can not depreciate Patent so we Amortize it.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
What are Home Equity Loans ?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
please tell me questions asked in NICMAR for the post of accounts executive
EXPAND___________INMA
what is GL Balance
why you choose accounting as your career ? ?
Define control account Thanks
interest paid comes under which head
difference between vat 47 & vat 49
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
