Answer Posted / syedghouse

Accumulated Depreciation on Land&Uilding A/c------Dr.
to Land&Uilding A/c

Explain what is balance sheet?

625

---

What entry to be passed for Duty draw back as receivable

1427

---

in what circumstances it is mandatory to calculate the goodwill.

1296

---

Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?

1303

---

By saying, perpetual or periodic inventory system; what do we mean?

736

---

---

A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.

4294

---

What is the revenue recognition principle?

640

---

capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1097

---

"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1623

---

How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

2108

---

What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

669

---

how will rectify the error in trial balance.

1508

---

kindly send the TDS tariff on Security expenses, rents, transport charges etc.,

1573

---

i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

904

---

what is "goodwill" reserve and surplus and reserve with example

1598

---