Interested to Buy Any Domain ? << Click Here >> for more details...
Whether we add or not the Insurance policy premium of
vehicle in asset value?
- 3 Answers
- 5501 Views
- I also Faced
- E-Mail Answers
Answer Posted / rikii
No! because insurance policy premium is the expenses on the
assets for their maintainance.......premium amount will be
debited in the P&L a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Tell us what is the abbreviation for the accounting terms debit and credit?
What are the purposes of maintaining control ledgers?
when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Let me know the liability positions of Partners
difition of reserve & surplus
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan
How do you maintain accounting accuracy?
Tell me do you possess any knowledge about accounting standards?
how to finalised the Balance sheet & profit & loss A/C
Capital secure should be shown in which side of the balance sheet?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
