what is the diff btw charge and appropriation
Answer Posted / deepak
hy i am ica student and as far as i know THE DIFF BETWEEN
CHARGE AND APPROPRIATION CAN BE STATED WITH AN Example
for charge.. DEPRECIATION CAN BE AN EXAMPLE.. whether there
is a profit or loss the depreciation is charged to the
profit and loss account..for appropriation.. reserves or tax
can be taken as an example.. it can be only appropriated
when there is a profit.. otherwise there is no
appropriation.. for charge let there be a profit or loss it
is valid.. appropriation is only valid when there is a profit.
| Is This Answer Correct ? | 51 Yes | 3 No |
Post New Answer View All Answers
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.
how can i settle the party ac with cr & dr
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
Tell me what do we mean by purchase return in accounting?
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
under which accounting rule prepaid salary?
What are the different types of gst?
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
What are mis reports and how do you prepare it?
Tell me what does the standard journal entry includes?
What is band and why the company needs this?
Revenue Expenditure
What is short term solvency ratio?
Tell me do you have any professional experience of this field?
what is a state cheque? how it differes from stale cheque?