how to do asset appreciation in sap?


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More Accounting General Interview Questions

what is valuation code and valuation modifier in sap fico

0 Answers   ABC,


Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

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What is journalizing? What are the columns of a journal?

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What are the three factors that can affect your cash flow and business profitability?

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

0 Answers  






Explain the concept of responsibility accounting

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As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?

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Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?

3 Answers  


Four of the following five are alike in a certain way and hence from a group.Which one of the following does not belong to that group? 21,35,49,63,56........ if u get answer pls explain hw u get it?

6 Answers  


What will be JV of if gets discount received from my vendors and as well as I allowed discount to my customer? What will be the journal entry in these both cases. Pls. give the answer, it's urgent.

5 Answers  


Why we do depreciation?What is the main object of Depreciation?

6 Answers   Capital IQ,


for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

1 Answers  


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