Answer / haresh barot

when company incures any expenses(advertisment)and the
benefit from the adv. is availed for more than one year
then the remaining part of expenses is consider as an
asset. like 500000 exp. benefit 5 years. so, first year
exp. will be rs. 100000 only will be shown on p & l acc.
debit side and 400000 will be shown as fictitious asset on
asset side in balance sheet.

corporate frauds

2 Answers  

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Can somebody explained IAS 11 construction contract in terms of general entries. and is there any possibility when WIP classified as non current assets.

1 Answers   ITC Infotech,

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what is statutaru audit??

2 Answers  

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The difference between interim audit and final audit?

4 Answers  

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if bill has came for payment for car repair purpose in bill they mentation total parts value is 21000 and labour 13000 with total of 34000 inthat on parts vat is include so we have to deduct tds u/s 194c @2% on full amount of 34000 or not(bill is single for whole 34000 purpose_

3 Answers   Maruti Suzuki, Thermotech Engineers,

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whatis auditng

4 Answers   Fidelity,

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how to calculate differ tax?

3 Answers   Maruti Suzuki,

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What is difference between management audit and internal audit?

3 Answers  

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What wording should be used in the audit report?

2 Answers   Accenture,

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Why did you choose our firm rather than other firms?

1 Answers   Ernst Young,

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Can we claim for the amt. of CST paid if in the case of sales return with in six month?

7 Answers   Genpact, NCGH,

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What is Cost audit & its Type?

3 Answers  

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