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What is the meaning of scrap value in accounting?


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More Accounting General Interview Questions

Why SAP Fico module is given more importance than Tally & other softwares

2 Answers  


Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.

0 Answers  


My Books of Accounts started from January 2013, I have opening Bank Balance Rs.1000/- Owner says this amount paid by one client in December 2012 appear in bank statement What is Accounting entry for the Accounting 2013 ?  

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how to prepare trial balance?

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1- what is cash flow and fund flow 2-Defference between TDS and TCS

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Explain the term account payable?

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how to maintain the books of accounts in the organization

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what is the process of correcting the balance sheet of the company?if the balance of balance sheet are not equal.

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what is joint venture & venture capitaling

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what is reserve capital

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whois invitied a accounts

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What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

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