Answer / saroja

hello laxman, there is typing mistake tangiable &
intangiable. "in" is a problem but there is totally
meaning is wrong, anyway thanks.

I know amortization is intangiable asset.

Answer / sanjog bajaj

amorization is an expenditure incurred over a peroid of year
and charging to p&l.

Answer / anantaditya aima

there is one thing as books which is shown to shareholders
and the other thing is income-tax document shown to the IT
authorities for tax payments on income. Through amortization
we can show more book profits by showing less expense for a
certain intangible asset having high monetory value and in
IT doc we can show the full expense. This would only avoid
showing less profits to public so dat they keep up their
trust on the firm. It is different from depreciation as it
is not a tax planning instrument and is valid to a certain
intangible assets only like :- Product development
expense,R&D exp,copyright fee etc all specified under law.

Answer / naresh thani

written of intangible assets...over the accounting period.
ex: goodwill,patents,copyrights..

Answer / guest

Amortization is a type of depreciation calculation.

Answer / tushar

Paying back

Answer / vijay

it is term used for calculating of depreciation on fixed asset

Answer / saroja

it is a tangiable asset like goodwill, patents, copy rights.

ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

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What exactly balance sheet depicts

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PLEASE EXPLAIN DEBIT NOTE & CREDIT NOTE?WITH THE FOLLOWING QUESTION? 1)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS SUPPLIER(CREDITOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? 2)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS CUSTOMER(DEBTOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS?

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If a company is in loss, should it require to pay salary to their employees. If yes, how?

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Whether is there vacancy for the post of Accountant?

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Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

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What is Contingent Liabilities?

3 Answers  

what is the golden rules of accounting?

8 Answers   Chartered Accountant,

Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

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Is Advertising expences treated as capital expenditure or deffered revanue expenditure

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Is fee income unrestricted income or restricted income?

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What is revenue for Insurance Company?

2 Answers