Answer Posted / kannanslm

I agree with sinduja.r

first make a entry for Depreciation, and take the effect as expenses in P/L

Depreciation A/c Dr
To Fixed assets

P/L A/c Dr
To Depreciation Account

EXPAND___________NBFCS

1993

---

Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?

1928

---

what are the steps used in UAT in Oracle Apps?

1756

---

What is Accounting on Computers

1954

---

What is the working formula for Inventory turnover

1979

---

Purchase book is a ----------journal

2171

---

The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed

2099

---

Please explain a Representative Personal Account.

2045

---

Explain Cash Basis of accounting

2009

---

Short Answer on _______Appropriation

1856

---

i need sbi bank clerk exam model question papers

2314

---

What problems might be encountered if there were no accounting standards?

2938

---

is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me

2179

---

How exchange rates are maintained in sap

1955

---

hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2132

---