Answer Posted / sukanta saha
goods destroyed by fire A/C debit
purchase A/c credit
Is This Answer Correct ? | 57 Yes | 31 No |
Post New Answer View All Answers
What are the major components of country's trade account?
Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
Explain things that fall under intangible asset?
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
Where should tds received should show in balance sheet?
Tell us what is your proudest accomplishment?
how will you adjust voluntary seperation payment in cash flow statement
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
Tell me do you have any professional experience of this field?
What are time sheets?
What is meant by partitioning?
Differentiate accounting and auditing?
What are accounting rules called?
what is penaultimate sale