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1. what is the general Percentage in india (%) of
Deprication for Furniture, building Other Assests like
Company Car, and COmputer and Airconditioner etc.,
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Answer / ganesh
furniture 10% according to income tax
computer 60%
office equipment 15%
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shinki
furniture - 10%
computers -60%
car and machineries - 15%
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / raju
Furniture 10%
Company Car 20%
COmputer 50%
Airconditioner 30%
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vishakha gandhi
depreciation as per company act 1956,
furniture :18.10
building : 5%
Car:25.89
Computer : 19.21 %
AC :
| Is This Answer Correct ? | 0 Yes | 0 No |
Furniture 10%
company car 10%
computer 60%
Airconditoner 10
| Is This Answer Correct ? | 0 Yes | 1 No |
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
what is Assets & Liabilities ?
4 Answers College School Exams Tests, EDS, Focus,
what is mean FOB?
1. During the current period, ABC Ltd sold 60,000 units of product at Rs. 30 per unit. At the beginning for the period, there were 10,000 units in inventory and ABC Ltd manufactured 50,000 units during the period. The manufacturing costs and selling and administrative expenses were as follows: Total cost Number of units Unit cost Rs. Rs. Beginning inventory: Direct materials 67,000 10,000 6.70 Direct labour 1,55,000 10,000 15.50 Variable factory overhead 18,000 10,000 1.80 Fixed factory overhead 20,000 10,000 2.00 Total 2,60,000 26.00 Current period costs: Direct materials 3,50,000 50,000 7.00 Direct labour 8,10,000 50,000 16.20 Variable factory overhead 90,000 50,000 1.80 Fixed factory overhead 1,00,000 50,000 2.00 Total 13,50,000 27.00 Selling and administrative expenses: Variable 65,000 Fixed 45,000 Total 1,10,000 Instructions: 1. Prepare an income statement based on the variable costing concept. 2. Prepare an income statement based on the absorption costing concept. 3. Give the reason for the difference in the amount of income from operations in 1 and 2.
Who is considered the father of accounting?
You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.
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