Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
1575Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
1621hi..this is swathi.i completed mba finance and graduation bsc microbiology.my question is companys like genpact,factset.. will hire me.is there any rule like that...I am very much greatful if u answer me....
4 4919Can anyone tell me that when we purchases a fixed asset like Machinery its our capital Expenditure and after acquetion of this assets the expenses like unloading loading, and some other parts for reparing purchase for this in which account i have to enter.
2 3282i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
1 2684What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wright
4 11175Post New Accounting AllOther Questions
objective of accounting
how will i develop my fears in interviewd?
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
Which entry we pass self entry like cash withdraw for ourself
please explain the uses of internate protocol address(ip add)?
Expand--------CMTS
what is the scenario of multi-org setup?
What is the difference between reserve and provision.
Is interest of a business unit Operating Expense or Non Operating Expense
what is Contra Asset?
duties of bank finance manager
Expand---------PCDB
If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.
Which Invoice issued on Central Sale Commercial or Retail?
