Interested to Buy Any Domain ? << Click Here >> for more details...
i have one doubt. i purchases of fixed assets from other
state the value 5 lack. the transpotation cost of 50
thousand now the value of fixed asstes is 550000 or only 5
lack, it is right or worng .. pls cleare my question
- 6 Answers
- 8253 Views
- I also Faced
- E-Mail Answers
Answer Posted / sricharan babu m
Any expenditure incurred up to installation (Ready to Work)
of any Asset, that amount can add to Asset original value.
that means we are capitalising that expenditure amount also.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
explain Dual entry concept
what is Accounting Standers?
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
Tell me the steps for Import and Export Thanks
What was use of tally erp 9? Types of vat?
What is a bad credit score?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
What problems might be encountered if there were no accounting standards?
In what cases can Convertible bonds be considerred as derivatives?
what is mean by traditional accounting ?
impairment & Amortisation Means
how to calculate stt
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
What is the Formula For Return on Working Capital
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
