If a software is being purchased which can be used at its own for the purpose of implementation of computerisation of various customer accounting system. then what will be the treatment for the same in accounts ??? whether it will be considered as intangible assets or inventory?

1 Answers  

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legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

0 Answers  

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expand M E A

1 Answers  

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What is the Entry for Call in arrears?

6 Answers   Syntel,

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Why did you leave previous job?

5 Answers   ABN AMRO, Genpact, ICICI, India Infoline,

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purchases for rs100. vat @ 10% and cash discount rs 5 what is the entry passed

5 Answers  

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Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??

1 Answers  

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WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

0 Answers  

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what is the entry for accumulated depreciation?n why it is used?when it is necessary?

2 Answers   OPI Global,

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what are different types of invoice?

9 Answers   Eastern Medikit, WNS,

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where is suspense entry is entered in tally erp9

0 Answers  

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EXPAND_________XML

1 Answers   Hexaware,

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