Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / suri
false,because depreciable assets are which (1) are expected
to be used during more than one accounting period and
(2)limited useful life and (3) are held by an enterprises
for use in the production of or supply of goods and services
for rental to others or for administrative purpose are not
in the sale of goods or services.
Land has unlimited life so we can't deduct depreciation from
land
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
what are voucher entries for EPF treatment in tally
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
What is the master account?
What is the difference in accounting and marketing?
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
what is different between leaser of subsidary book and journal?
What is the marginal cost formula?
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
what is the difference b/w gain and profit?
what is the meaning of banking
What is the difference between Accruals and Provisions?
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
What do you mean by balancing of ledger account?
I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.
