Answer / Chandra Kant

Preparing an asset disposal account is necessary in accounting because it provides a clear record of the revenues and expenses associated with the sale or disposal of assets. This account helps companies understand the financial impact of disposing of assets, which may include gains or losses due to differences between the book value and the actual selling price. By tracking these transactions, companies can make informed decisions regarding asset management and financial reporting.

What is the use of 2a, 2b & 2c form in CST ?

1 Answers  

---

Give 15 examples for real and nominal accounts

1 Answers  

---

EOQ formula ? and tell me about that???

19 Answers   Banking, Capital IQ, IQ,

---

Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?

3 Answers  

---

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%.

28 Answers   Ernst Young,

---

what is loan operations and what are the complete process form from making customer to closure of loan

1 Answers   HSBC,

---

What is the order of priority of the following. 1.Trial Balance,2.Sales Ledger,3.Journal Entry,4.General Ledger,5.Balance Sheet,6.Profit and Loss Account,7.Cash Flow and fund flows.

1 Answers  

---

what is window dressing in final accounts?

7 Answers   OPI Global,

---

Reports in Accounts Payable

0 Answers   Accenture,

---

Where should tds received should show in balance sheet?

1 Answers  

---

How did you chose your university?

1 Answers  

---

how to solve cashbook question

1 Answers   NIIT,

---