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What is bad debt expense?
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Features of Fixed Capital
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
what is t code of all expences general legder?
Ledger Enteries
0 Answers Chartered Accountant,
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
Where accumulated Depreciation appears - b/s or p&l. please provide journal entry while accumulating and also while using the fund for purchase of new assets.
Hi Everyone, We purchased the Goods from other state, and I am liable for Entry Tax, my entry Tax is deposited in bank before 15th of every month. Now my questtion is : I purchase the Packing Items from other state but I return the same to suplier should it require entry tax deposit or not for this items. please explain
What do you mean by deffered expenses?
What is the difference in accounting and marketing?
why companies put ltd and pvt ltd,what is the difference?
when we compare to bank statement with the our pass book the enteries are opposite why this happens?
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
Audit 
