Answer Posted / 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.

what is undisclosed profit? explain

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what is contigent liabilities? whats it status in balance sheet?

2268

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can i get exact salary of clerk in SBI. and i want to know about promotion details .....

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What is corporate restructuring?

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What is the difference between payable and accrual

1998

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Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

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why you want to join the banking and finance industry?

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Expand-------NAST

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How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

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duties of bank finance manager

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Expand---------DBPC

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plz send me a solved paper on SBI of clerk post

2306

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My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

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How are fund-raising and publicity and management and administration costs apportioned over funds?

1966

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Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj

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