Answer Posted / padmakar
It is secured loan to bank it shoud be shown under shedule
loans & liability liabillity side
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My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
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Accounting related interview questions on ibm
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Short Answer on _____________Intangible Assets
Expand---------NPTO
Expand-------ANCS
What is meant by consignment