whatis the meaning of Depreciation? and why it will charge?
Answer Posted / shraddha
depreciation means decrease in the value of assets.
the formula of depreciation is=cost-scrap value/no.of years
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
What is an accounting transaction?
our cheque to Arshad Khan was dishonored?
Explain have you ever heard about tds, what it is?
credit card expenses entry kisme pass karenge
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
what is miscellaneous expenditure??
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
how to prepare for accontant examinations
What a deferred asset is and give an example?
pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.
Why is accuracy important in accounting?
Tell us in accounting, how do you define premises?