Give example of an intangible Asset that is depriciable
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Answer / k.ganesh
Intangible Assets like Patents, Copy Right & Trademark were
depriciable.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / manoj mahajan
Intengible asste like goodwill, copy Right,Trademark
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / garima joshi
They can be amortized only and they are prepaid software,
subscriptions, patent, etc.
| Is This Answer Correct ? | 0 Yes | 0 No |
4- What do you mean by journals and journalizing?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
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Interest on capital will be paid to the partners if provided for in the agreement but only from________ (a) Profits. (b) Reserves. (c) Accumulated Profits. (d) Goodwill.
How to calculate PF with example
18 Answers manappuram, Meta Arch, The Chennai Silks,
What is accumulated depriciation