Over or under provision of what is taken to profit and loss account as profit or

Over or under provision of what is taken to profit and loss account as profit or
loss at the time of termination or sale of Assets?

Question Posted / ayeshajawad

1 Answers
2872 Views
I also Faced
E-Mail Answers

Over or under provision of what is taken to profit and loss account as profit or loss at the time ..

Answer / shivametpelly

fluctuating rate of mkt price
Refer AS10

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Accounting General Interview Questions

The parties to joint venture is called_________ (a) Co-venturers (b) Partners (c) Principal & Agent (d) Friends

1 Answers

What is suspence a\c? why it should not transferred to the balance sheet?

4 Answers

if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry

0 Answers

Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

0 Answers

what is the journal entry for payment of interest for loans.?

4 Answers Alpha Solutions,

IRR and NPV

1 Answers

what are the accounting standards prevailed now in India. Give a short description about each of them

2 Answers ICAI,

Differance between US GAAP and UK GAAP?

0 Answers

I have deducted tds on salary from pay slip for employees for this how to deposit govrt. department. is there any form to fillup, pls tell me the which form to be used.

2 Answers

Perpose of charge the excise duty?

2 Answers

what is accounting

3 Answers Redington,

what is book building

0 Answers Capital IQ,

For more Accounting General Interview Questions Click Here