Answer Posted / ahmad ali
Any preliminary or incidental expenses which could not be
showm in single year but similarily in many years,are
called ficticious asset.It is use for justify the financial
statement sound and fair.
Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
outstanding expenses, prepaid or unexpired expenses
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)
Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
In case of new admission of partner what will be the adjustment for the sharing ratios
Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?
Why does one need a broker?
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
Pls Explain Accounting Standered 1,3,11,29
what is the difference between speculation & investment?
why you would like to work for the our(AIRLINE) Group ???
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
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 ??
Provision of Bad Debts is made in compliance with the convention of -----------