Answer Posted / vaheeduddin.md
Amortization usually refers to spreading an intangible
asset's cost over that asset's useful life. For example, a
patent on a piece of medical equipment usually has a life
of 17 years. The cost involved with creating the medical
equipment is spread out over the life of the patent, with
each portion being recorded as an expense on the company's
income statement.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
Define executive accounting?
What is a ledger?
audit under section and penalty under saction scurtiny under saction
what is the manual procedure for accounting
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
What knowledge should financial accountant have?
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
Define dual aspect term in accounting?
as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
what are the limitations of accounting conventions
What is tds and how it is calculated?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.