Answer / v p narasimhan

It can be
Office up keeping maintenance a/c Dr
To Cash/Bank a/c Cr

In case if it has to be Capitalized (huge amount)

Capital Expenditure a/c dr
Cash/Bank Cr

Answer / iftekar

Expenses A/C Dr
To Cash A/C

Answer / krishna murthy

It can be either an obsorbed expense a/c or capital account
based on the amount incurred.

1) Expense a/c ( office maint/Repair Maint) Dr
Cash/Bank A/c Cr

2) Capital Expense A/c. Dr
(Work in Progress to Capital A/c incase of Running work)
Bank A/c.Cr.

Answer / guest

interior designing dr XXXX
to cash XXXX

Answer / suraj thapa

There is Two option,If question is trying to say the amount
has already been spent in concern heading .Then answer is
Interior Designing Dr xxxxx
To Cash XXXXX

OR If the amount has been only provisoned then it will be
like this
Bank/Cash Dr xxxx
To Interior Designing xxxx

Short Answer on ___________Arbitrator

2 Answers  

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Tell us something about Sinking Fund.

3 Answers   HSBC,

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DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

0 Answers  

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What is meant by Cost Accounting? How it is different from Financial Accounting?

1 Answers  

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Expand A V C

2 Answers  

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Short Answer on ______Bad Debts

4 Answers  

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current depriciation rates for fixed assets

1 Answers  

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What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check

0 Answers   IBM,

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Name some errors which can be detected by Trial Balance

0 Answers   CG,

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what is leverage?how many types of leverages are there and explain

3 Answers   Capital IQ,

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HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

0 Answers  

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How do you assess the value of intangible assets such as copyrights and logos?

3 Answers  

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