Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
1569Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
1611hi..this is swathi.i completed mba finance and graduation bsc microbiology.my question is companys like genpact,factset.. will hire me.is there any rule like that...I am very much greatful if u answer me....
4 4908Can anyone tell me that when we purchases a fixed asset like Machinery its our capital Expenditure and after acquetion of this assets the expenses like unloading loading, and some other parts for reparing purchase for this in which account i have to enter.
2 3272i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
1 2677What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wright
4 11138Post New Accounting AllOther Questions
Short Answer on ______Transaction
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??
Can v transfer trail balance to journal entry how and with example?
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
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
What is the relationship between, issued share capital, share premium and paid up capital?
what is general HR?
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
plz send me a solved paper on SBI of clerk post
What Settlement details are required on the delivery instruction slip?
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
