in tally where depreciation can shown? and how it can be shown?
- 2 Answers
- 3892 Views
- I also Faced
- E-Mail Answers
Answer Posted / narayan
Accu. Depreciation of Land- Under Fixed Assets
Depreciation Expenses- Indirect Expenses
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
how there prepare bank interview
Define Bill of Exchange
What's the meaning of Preferential Creditor?
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
what is the procedure for issuing th C form
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
Expand-----RTD
what did you mean by cash credit limit account ?
how to calculate share values of a company.
Expand----------SAMC
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What is meant by Revenue Loss
what do you mean indirect expanse in trading business?
which kind of expenses or Income will come under direct expenses or Income ?
