Answer Posted / kamal
depreciation means the regular and permanent dimnution
value,quantity and quality of a fixed asset due to wear and
tear is called depreciation.many of companies follows
calculating depreciation straight line and written down
value method.
Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
What are the duties of sales tax department? Explain it
how to entery pass in tally when items damage(items insured)and claim to insurance co.
what is buy bach shares?
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
what is the meaning of input vat & out put vat?
How to Calculate PF with interest or without interest.
WHAT IS CORPORATE ACTION?
Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
it is better to invest in which securities short term/long term or both? please reason4 the same
what is Exposure ?
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
why are you selecting for the controlling area same company code?
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?