Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / suri
false,because depreciable assets are which (1) are expected
to be used during more than one accounting period and
(2)limited useful life and (3) are held by an enterprises
for use in the production of or supply of goods and services
for rental to others or for administrative purpose are not
in the sale of goods or services.
Land has unlimited life so we can't deduct depreciation from
land
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
what is bank aceleted?
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
What are a debit note and credit note with an example?
please explain all accounting concepts n conventions in detail
What are the different fields of accounting?
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
have you ever been involved in an invoice dispute? How did you manage the problem?
What is account receivable?
What is accounting ethics?
Tell us what do you believe should be an important quality of an account executive?
service tax calculated on agreement value or market value whichver is higher for builders?
how to finalised the Balance sheet & profit & loss A/C
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!
