Expenditure incurred for the innovation of Guest house
building is revenue nature or capital nature ??
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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
Tell me which accounting application you prefer most and why?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
under which accounting rule prepaid salary?
sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .
Mention the types of ledgers?
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
What are the steps involved in project implementation?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
If the company acquires equipment prior to incorporation what are the accounting entries?
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT
