Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

work in progress for a construction company this year is
Rs.5,00,000/-.In balance sheet Rs.5,00,000/- will be
debited under current asset a/c but the credit would under
which account.and next year what will be the entry.please
answer me in detail.

Answer Posted / ravi agarwal

Capital WIP A/c----Dr 500000

To; Bank A/c---- 500000

Is This Answer Correct ?    1 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can i material bill book in miro without vat on transport charges ?

2019


List out some of the accrued expenses and the accounts in which you would record them?

936


hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1891


AL+w button lanunches the .............. installed web brower

2042


a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry

1882


Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

1055


Definition of push down accounting

1047


Sir how the enter of GST adjust of sales return

1633


What is a ledger?

1032


Why do you want to be an accountant?

1045


What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...

5083


Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?

1847


pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.

2147


What have you read in the newspapers in the last few days that particularly interested you?

994


How can do it TDS in accounts?

2031