explain how the accounting concept of prudence is observed when a business provides for the depreciation of its non current assets
1 3565Post New Accounting AllOther Questions
What is outsider equity and time interest period ratio?
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
What is Home Loan Modification?
how a fund flow statement benefit the individual, corporate?
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
What is the procedure to become charted accountant in India now. Please answer this is urgent
WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION
describe the most complex challenge that you have faced and how you managed it
what is corporate accounting?
In what cases can Convertible bonds be considerred as derivatives?
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
how many schedules are there in accounting?
what is undisclosed profit? explain
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
if jj form not cancelled within 1hour,wat to do