Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

hi my name is nagesh,am working in constructions company i
have one dout tally software purchase it is asset or
expenditure.pls reply ASAP.

Answer Posted / ashokformat

HI
Tally software purchase it is assets and it will be used for years under computers and software assets heading

Is This Answer Correct ?    12 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is mutual fund sub accounting?

1113


How the Depreciation will calculate in Company?

2199


Explain what a deferred asset is and give an example?

1126


How to post advance paid to a supplier in oracle jd edwards

1721


What is the difference between cfa and csa?

10581


what's the difference between impress cash account and petty cash account

1741


What we have to post entry for payroll processing ? (Indian payroll)

2618


Explain what is balance sheet?

1105


What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.

1923


Explain some of the accrued expenses and the accounts in which you would record them?

1084


Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

1087


In South Africa, the value added tax is administered by?

1668


What does it mean to do accounting training outside of public practice?

1096


A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

2022


what are the main important accounting entries for AP and AR ...

1490