Interested to Buy Any Domain ? << Click Here >> for more details...
What is the suitable method of charging depereciation?
- 1 Answers
- 3989 Views
- I also Faced
- E-Mail Answers
Answer Posted / manisankar
method of charging depreciation will varies from business to business. According to companies act,1956 WDV i.e., written down value method is suggestible. And Block system is compulsory for IT act.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
What do you debit and credit if discount allowed is underrated?
What is cost accountancy?
what is capital reserve
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
Explain some of the accrued expenses and the accounts in which you would record them?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
Define balancing in accounting?
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
What is good accounts Process & Execution capabilities?
what is account reconcillation
Why did you select accounting as your profession?
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
Explain different branches of accounting?
