Answer Posted / satish

windows software is not an asset. we cannot get money in future. so it should be treated as expenditure. we cannot sale the software to any other company.
the first entry is
software ac...dr
to microsoft ac (sundry creditors)
after payment through bank or cash
microsoft ac...dr
to bank (or) cash ac

RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above

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what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

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Explain purchase day book.

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2131

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What is the entry to be passed on receiving the tds certificate in the books of the deductee?

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1122

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