where will be effect the amount of depreciation in company
final account? If it will effect in P&L A/c & Balance Sheet
also than will amount be same in both sheet?
Answer Posted / r.purushothaman.
1) depreciation is effect the amount of depreciation in
company final account p&l a/c and b/s a/c.
2) no, p&l amount of depreciation is previous year and
current year add and put a p&l a/c debit side and b/s
assets side current year depreciation only dedcted from
particular assest. so, total amount of depreciation will
defer p&l a/c and balance sheet.
Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.
what is mean by tax holiday?
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?
what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?
Treatment of Government grant and its utilization in P
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.
Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?
why your choseing bank of america
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-
analyses of Cost control
STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA: