Answer / rajendran

It is reduction in the value of the asset other than due to
depreciation.
Impairment loss= Carrying amt - Recoverable amt

What is BRS

6 Answers  

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Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

0 Answers  

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what is bill payable?

3 Answers  

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what is the difference between earnings and profits

4 Answers  

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There is no item category assigned to account

0 Answers   McML,

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Bank reconciliation statement

2 Answers   Bank Of America,

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what is the bill of exchange

3 Answers  

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in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice

1 Answers  

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Mention whether the account "cash" will be credited or debited when a company pays a bill?

0 Answers  

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What are the 4 principles of gaap?

0 Answers  

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Hi everyone Sir if we not deposited the TDS before 7th of Every month,tehn what is the penality rate

3 Answers  

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Define fair value accounting?

0 Answers  

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