deperication of manufacturing department in manufacturing
overhead is a direct expence or indirect expence?explain with
reason
Answer Posted / rabindra nayak
Deprecation is indirect expenses.Because depreciation is the
allocation of the cost of assets that are expected to
provide benefits over more than one accounting period.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What is the difference between deferred revenue and accrued revenue?
How much statistics knowledge is necessary or required in accounting?
what is "goodwill" reserve and surplus and reserve with example
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
Apportionment of expenses
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
Do you know partitioning in accounting?
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
What do you think is a bank reconciliation statement?
what is the deference between depreciation explanation
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
What is double-entry accounting? Explain with an example?
when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier
what are the limitations of accounting conventions
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.