What is mean by assets
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Answer / md salman
It is economic resource which owned bu the company give benefit in the expected feature
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Answer / md arif
assets means its our property which we have purchased but it is not sold
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What are the effects when intangibles and tangible assests decrease
Why we show always closing stock in credit?
Goods costing Rs.40000 was lost by fire but 3/4th of the claim was accepted by the insurance company
Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?
As per AS-26, preliminary expenses are to be written off in the year in which it is incurred. How will you treat Preliminary expenses in Cash Flow Statement of that year
What are the three factors that can affect your cash flow and business profitability?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
service tax calculated on agreement value or market value whichver is higher for builders?
what is tds and how it is calculating
what is financial year?what is the difference between accounting and financial year
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.