If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

wat is accounting entity

1 Answers   Capital IQ,


could i know how to accounting lease intrest ?

0 Answers  


What are the advantages of computer accounting over paper accounting?

0 Answers  


describe the rule of garner vs murray and how it relates to the dissolution of a partnership

1 Answers   Chevron,


What is entry of Dishonored cheque issued to supplier

0 Answers  






On what basis you will define accounting structure

3 Answers   CMA CGM, Genpact, Meru Cabs,


Explain what is the disadvantage of double entry system?

0 Answers  


How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

0 Answers   Srp Khanij,


if u sale an asset for 10000, which has a book value of 8500. what will be the journal entry???

4 Answers   ACS, EXL,


X of Kolkata sends out goods costing 300,000 to Y of Mumbai at cost + 25%. Consignor’s expenses Rs 5000. 1/10th of the goods were lost in transit. Insurance claim received Rs 3000. The net loss on account of abnormal loss is (a) Rs.27,500 (b) Rs.25,500 (c) Rs.30.500 (d) Rs.27,000

2 Answers  


what is the difference between directors capital and current a/c

1 Answers  


What is diffrence between direct & Indirect Exp.

3 Answers  


Categories