Under which Act( Com/IT) depreciation debit to P & L ?
Answer Posted / h.r. sreepada bhagi
Under the Companies Act, 1956 (India)
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Mention in simple terms what is the difference between asset, equity, and liabilities?
Define retail banking?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
wht is different between defered tax liablities and defered tax assets??????
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
What are control ledgers? What are the purposes of maintaining it?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
what is a corporate chart of accounts and its purpose?
Explain have you ever heard about tds, what it is?
what do you consider to be the biggest challenge facing the accounting profession today?
Ledger Enteries
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
What are the columns of a journal?
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
what is capital reserve