Interested to Buy Any Domain ? << Click Here >> for more details...
Over-hauling expenses of a secon hand machinery should be
debited to ---------
- 2 Answers
- 4029 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
Machinery Maintenance or Repairs A/c. Since it's not
purchase or creation of a new asset, it's not capitalised
but charged off to the Profit & Loss A/c of the year in
which it's incurred.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
Pls Explain Accounting Standered 1,3,11,29
Expand---------PSRT
Distinguish between sale and consignment
Who to create a budget on software company
plz tell me short cut method in maths for clerck post in bank
Expand-------CSNA
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc
Expand CASA
what is the use of accounting standards
what are the accounting ratios
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
where we use the convetion of conservatisam in real life??
