IF THE COMPUTER PURCHASED ON SEPTEMBER AND JANUARY AND
DECEMBER THEN HOW MUCH PERCENTAGE WE HAVE TO CALCULATE ?
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Answer / kiss
In a F.Y any Cost of Asset less than 180 days @50% of
Depreciation applicable.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / dinesh karthick
If the Depreciable asset is purchased and put to use within
180 days i.e approx October 2 The depreciation % is reduced
by 50%
| Is This Answer Correct ? | 9 Yes | 0 No |
What is difference between individuals & company? When deducting tds for them how we can compare them?
Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.
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