Amount received on sale of old news paper --------receipt
- 3 Answers
- 4698 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / dharmesh sati
It is depend on the business type
If your business is sales of new paper than
Under Revenue & If not than
Should be recored in Other Income
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / shivarama raju
this should be bases on nature of company
that is
if it is non- porift / service organisatin
its a revenue
if it is a business ompany
income form other sources/ other incomes( which is not rise
due to operations of the company)
| Is This Answer Correct ? | 0 Yes | 0 No |
EXPAND______________ROC
Can grants made in stage payments but not yet received be accrued as grants receivable?
EXPAND___________NAC
Information on Cost accounting vs. Management accounting
what are golden rules of accounting.......?
duties of bank finance manager
How can i prepare MIS report for Finance?
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid
What is the accounting treatment in the hands of reciever of bonus share or share recived due to demerger or share split.
What is the difference between an Imprest and Non-imprest petty cash account?
What is effect in trial balance as on 31st march
2 Answers First American Corporation,
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
Audit 
