Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
3099Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
2 3338SIR, Tell me the which software useful for the accounting procees . what is difference is between the finacial accounting and mangemeting what are responsebilitys for a company .
1 3010what will be the journal entry for this transaction? purchased furniture for personal use of rupees 2000. now tell me is it business transaction or a personal transaction??
ICA,
3 11663calculate the closing stock: if opening stock- rs.2327620 , purchase -23519280, direct expenses-1335225, sale:- 24884412, direct income :-286371
7 7261what is the meaning of prepaid insurance and outstanding salary? please explain with example.
2 10482Invoice for Rs 492650/- is inclusive of 14.5% VAT. Pl calculate Basic Rate for the material.
4 35899Post New Accounting AllOther Questions
difference between vat 47 & vat 49
what are micro-cap, small-cap, mid-cap, large-cap companies?
How to maintain Purchase Orders ? Please explain by proper format.
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
Expand CCIT?
What is Insider Trading ?
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
Short Answer on __________written Down value
I want to know with example of vat & Salestax
how to mention last year profit of ay private limited company in current year balance sheet ?
Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.
what is participation right is it a debt? or not?
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?