if a company purchased measurement tape for office use .. it comes under which expense head
Answer Posted / tripti sen
this is purchase for office use so that it will be come in indirect exp.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
What is the provision? What is the entry for provision?
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
What elements of your job do you find most difficult?
Have you ever made mis reports and what are they?
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
Why did you select accounting as your profession?
Explain the types of ledger?
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
Explain what is ledger?
What does overhead mean in regards to accounting?
Define bills receivable?
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
What is the basic accounting equation?
Tell me by saying, perpetual or periodic inventory system; what do we mean?