Answer Posted / pradnya

Capital expenditure is always recorded in Balance sheet
Asset side.This expenses is occurs in one time but the
benefit of this is for Long time may be more the 8-10 years.
This helps to increase the productivity of the business.
Eg.Purchase of machiery,Land,Building
Revenue Exp is always recorded in Profit and loss Account
Debit side. This expenses occurs day to day or weekly or
yearly basis. The benefits of this is not more than one year.
Eg. Salary,office exp, electricity charges etc.

How do we calculate the cost of investment?

1376

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PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

1667

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Explain how you can adjust entries into account?

749

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Tell me how can you explain the basic accounting equation?

703

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Differentiate accounting and auditing?

767

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After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

1457

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how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me

959

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Why is accuracy important in accounting?

718

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Explain me do you think accounting standards are mandatory and why?

749

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what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

1140

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Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

2653

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WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

1695

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state (5) accounting concepts and give 1 example of each

1602

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in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

4697

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what is t code of journal voucher report with amount?

1864

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