As per the accounting what do you mean by Fixed Assets?

9 Answers  

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what is tax?

51 Answers   CRP, Genpact, Kotak, Xpitax, Zenta,

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EXPAND___________MOA

6 Answers  

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about favorite colour asked in interviews

2 Answers   Bank Of America,

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what is MNC?

43 Answers   SeaGull Labs, Syntel,

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What is Abrivation of SAS, it's equalent to CA/ICWA?

1 Answers   CDFD,

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Answered but misspelled pl correct accounting measures past performanceof the business entityand depicts the current financial position (Ans.MMEEEASURNT)

1 Answers  

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What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

0 Answers  

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Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

0 Answers  

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what is the meaning of Processing Vendor/Employee payments

0 Answers   Bank Of America,

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paid salary rs.10000 by cheque to mr ravi

8 Answers  

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how to do the recurring entries or steps to follow that

0 Answers   IBM,

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