Answer / muhammed ishaq sulaiman

Capital goods is a non current asset, which is used to
generate the income (like rent,royalty etc)or to get the
capital appreciation. Example: Trading property,
Development Property, Investment property etc...

Even though the nature looks like an inventory the
construction/ making process is taking time and all the
costs are debited in the CWIP or concerned assets.

Short Answer on ________Ad-Valorem Duties

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Hay I am suresh from Bastar. I was just complete my interview on 29-04-2010 at Raipur. The panel Board asked a questions are

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Short Answer on __________Measurement

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what is dividend? how do the use an accountancy?

0 Answers   South Indian Bank,

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Expand L T C

2 Answers   SNR,

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1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?

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what is difference between depreciation and amortization ?

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Can closing stock of current year be present in tht Trial Balance of said year...????

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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

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What is the Purpose of Preparing Bank Reconciliation Statement?

0 Answers   EDS, Hicare,

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Can You Please Define Book-Keeping?

1 Answers  

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Queries for Big4 Articleship :Communication Skills & Gk?

1 Answers   Accenture,

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