Answer Posted / mukesh sharma
beta there can be depreciation of fictitious assets....like goodwill is a fictitious asset still an accuntant charge amortisation on this.............and also in case of intangible assets the expression "depreciation" replaced by the expression "amortisation"....
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what s account
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
What is the procedure of submit bank guarantees and cancellation.
What is the use of 2a, 2b & 2c form in CST ?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
WHAT IS OPERATING CYCLE?
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Tell me what is your track record for consistently achieving your targets?
Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income
what will be the possible question for an interview in account post as a fresher
Sir i want to ask that if the salary above 6500/- than also pf deduct.
Define push down accounting?
purchase return liability or asset?should it be included in the balanced sheet?
What is mean by working capital?
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance