What is "deposit in transit"?
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what diff. between laibilities and provision?
What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.
Pls.tell me related purchase orders.
In Ledger of Capital A/c what will be the entries for Drawings a/c?
Contra asset accounts have credit balance and are an offset to a related asset account ? true or false .
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
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what is accounting rules
2 Answers Construction, Genpact,
If we purchase machinery from gujarat ie from cst supplier & we have to give them 'c' form what should be the entry for the same.
cupboard chairs are assets or indirect epenses ?
contingent goods?
what is Purchase Book & sales Book?