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6, state with reasons wheather the following items are capital expenditure or revenue expenditure i, A factory building was constructed at a cost rs 1500000 a sum of rs 64000 were incurred for the construction of huts for storing building materials ii, rs 5000 paid for removal of stock to a new site iii, expenses incurred in connection with obtaining a license to start the business were rs 15000

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if we are purchase on vat tax and sales tax can do tds?

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Journalize the Following: 2. Monthly credit sales were $ 35,000 3. Received Cash receipt payments on Receivables in the amount of $ 10,000. 4. Customers’ cheque in the amount of $ 100 bounces and was re-deposited. Book both entries. 5. Material is bought on account for £ 100,000. The exchange rate is Four pounds to One Dollar. Then, later, merchandize is paid for. The exchange rate is Five pounds to One Dollar. Book both entries in Dollar when merchandize is bought and when it was paid. 6. Materials worth $ 20,000 was purchased on account and paid for with 1% discount. Book both entries. 7. Record the purchase of Direct Material on Account in the amount of $ 20,000. Half of it was for stock and the other half for a specific job order. 8. Record the disbursement of $ 1,000 raw material to shop floor for use on specific job

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why bank interest comes in indirect exp. in accounting method? what it is the TDS?

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how to make conversions from tally to ms excel sheet like profit & loss a/c and balance sheet & trial balance

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what is the diffrent between form-c and form 16

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If chq of Rs. 15000 bounced then how to enter reverse entery > Voucher Type....

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What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.

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What do you mean by the word Loss in nominal accounting Give some examples

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What is the difference between depreciation and amortization?

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What is the diffrence between General Exp. & Misc. Exp?

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Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

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