Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Amount received on sale of old news paper --------receipt

Answer Posted / dharmesh sati

It is depend on the business type

If your business is sales of new paper than

Under Revenue & If not than

Should be recored in Other Income

Is This Answer Correct ?    5 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Reserve Capital and Reserve Capital

2286


What is Hot Issue Income for Hedge Funds?

8730


Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com

2106


Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

2006


can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com

2098


What is the due date for filing monthly & annual sales tax returns in karanataka

3803


WhatIs the limit of duty exemption in smal scale industries.

2198


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3791


1. Fdr mature with interest

1863


what do Loan Loss Coverage Ratio mens describe it with examples?

2249


fridge was capital or revenue?

2447


why you want to join the banking and finance industry?

4700


what are the types of provisions that you would make for the end of a financial year?explain

1969


what is Functional Specification in SAP FICO?

1047


How do you manage the sales account in tally

2055