Interested to Buy Any Domain ? << Click Here >> for more details...
"since the calculation of depreciation is based on
estimate,notfacts,why bother to make the calculation?
- 4 Answers
- 17998 Views
- I also Faced
- E-Mail Answers
Answer Posted / sameer nirmal
It's very much important to ascertain right value of
assets, depreciation is the value of assets which is used
in making profit. It is one of the kind of loss for the
company or firm.We need not to decide percentage of
depreciation over assets it's already given in Accounting
Standard 6.
| Is This Answer Correct ? | 2 Yes | 11 No |
Post New Answer View All Answers
What is Home Loan Modification?
how a fund flow statement benefit the individual, corporate?
wht can u do for the growth of bhel?
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...
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
Short Answer on _________Commerce
How do the standards assist the users of financial report?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
what do u mean by comparative budget?
How you implemented a chargeback system?
What are the duties of sales tax department? Explain it
What is accounts payable?
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
