Answer Posted / istiyaque alam
Capital WIP is that portion of fixed assets which over the
period of tym get converted into its finished form .
Example : construction of pipeline , it normally takes
several year to accomplish & each accounting period ,
expenses incurred for it is booked under Capital WIP head.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
explain the financialand economic meaning of investment?
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
Can u please give me example of bonds? is National savings certificate a Bond?
what is Calculation of Depreciation for 4 to 5 Years?
define accounting,scope of account , types of account ?
EXPAND_________SEC
Expand-------ASRT
A----------involves transfer of money or moneys worth from one person to another
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
Who is called consignor
what is payment method?How many payment method we can assign to company code.
Expand--------SOT
what are the important steps to take during the conversion of an accounting system.
what are the difference between banking institutions and financial institutions?