Answer Posted / amit pandey
depreciation is the lose of value of assets due use of
assets. it is help to calculate net profit of biseness.
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
what is the nature of profit and loss approprition account.which entity prepare this.
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
How is the accounting for hire purchase transactions done?
What is an interest rate swap
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
Explain the Invoice verification process
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is mutual fund sub accounting?
salary payable deduct tds entry
What are the disadvantages of manual accounting?
What is absorption costing with defination? and what is marginal costin with defination?
Explain what is ledger?
What do you debit and credit if discount allowed is underrated?
What is the definition of manual accounting?
