Answer Posted / h.r. sreepada bhagi

Capital Expenditure results in creation/acquisition of Fixed
Asset. Depreciation is the process of reducing the value of
fixed assets in the books over the period of its life (in
any prescribed method and rates prescribed by Companies Act
or any other applicable law) by charging to the profit &
Loss A/c.
Its debited to the Profit & Loss A/c like any other Revenue
Expenditure.

Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?

1965

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what is contigent liabilities? whats it status in balance sheet?

2217

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capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

2283

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where we use the convetion of conservatisam in real life??

2055

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how to do finalisation account ,pls tell me step by step ?

2534

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what is corporate accounting?

2086

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Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1857

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Short Answer on _____________Intangible Assets

2051

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which kind of expenses or Income will come under direct expenses or Income ?

2076

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A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1818

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Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

2110

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please tell me questions asked in NICMAR for the post of accounts executive

4007

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What is EBITDA

1857

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Expand---------TDCB

1913

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What is account

2208

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