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

im preparing for the sbi clerical post please send me the solved questions.

2274

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Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

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A----------involves transfer of money or moneys worth from one person to another

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who introduces the single entry format?

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WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2492

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What are the rates of Depreciation? Like machinery items, wooden items?

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why do you want to work here?

2156

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please provide wct retun guide line how can prepaire that

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