Mr. A purchased a machinery costing Rs. 1,00,000 on 1st
October, 2005. Transportation
and installation charges were incurred amounting Rs. 10,000
and Rs. 4,000
respectively. Dismantling charges of the old machine in
place of which new machine
was purchased amounted Rs. 10,000. Market value of the
machine was estimated at
Rs. 1,20,000 on 31st March 2006. While finalising the annual
accounts, A values the
machinery at Rs. 1,20,000 in his books.
Which of the following concepts was violated by A?
(a) Cost concept
(b) Matching concept
(c) Realisation concept
(d) Periodicity concept.
is replacement of DVD writer come under fixed assets. I
think that it cannot increase earning capacity or it cannot
any separate identity.please clarify me
how to geting finished goods cost with included it's all
BOM and all production order cost in sap?
What is the commitment to the bankers against L/C ? They
need any colletral Security or any deposit ? What is terms &
conditions of L/c?
what is the impact of bank garantee of rs 100000 on cash
flow statement which has been expired...& impact on bank
Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING
WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY
POSITION IN FINANCE FIELD.
what is portfolio management?
What is the important of cash in a business unit
You been asked to prepare a training class for completing
expense statements. What points will you emphasize to
insure accurate expense statements are submitted?
what is GL Balance
Hello! My annual salary is @ Rs.6,00,000/-. What would be
the TDS applicable for me per annum/per month. I am also
contributing to EPF @ Rs.9360/-.
WHAT IS CREDIT CARD? HOW USEFUL TO PEOPLE?
what is the system of accounting and banking in cooperative
What z d diff of accounting principle,accounting
standard,accounting rules,accounting procedures,accounting