purchasing of software more than Rs.8000/- will be treated as
expense or assets

Answer Posted / bijay

as per company need.buy software is an assets for your
company of taking as 60%WDV deprication

Is This Answer Correct ?    12 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sir i want know how to fill vat return

1627


what stock transfer applicable in sister concern unit.

1802


What is the fictitious assets?

649


What is liabilities and what all does include in current liabilities?

628


under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?

1578






Dillution effect on EPS

1914


can i material bill book in miro without vat on transport charges ?

1612


What is the limitaion of the Trial Balance?!

1695


What is absorption costing with defination? and what is marginal costin with defination?

2537


How to post salary advance transfer from one branch to another branch ?

1023


While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

1801


What is the difference between provision and reverse?

616


What is "deposit in transit"?

797


what is valuation code and valuation modifier in sap fico

1987


what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?

1455