Answer Posted / sumit karn
Depreciation is the gradual decrement on the assets .There
are 9 methods of depreciation .Out of that two are commonly
used .i.e
1) Straight line Method
2) Written Down method or Diminishing Method.
| Is This Answer Correct ? | 21 Yes | 2 No |
Post New Answer View All Answers
salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?
What is accounting for plant assets?
credit card expenses entry kisme pass karenge
What are the basic assumptions in accounting?
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..
Can i put opening stock in new company during closing time
Do you know in accounting, vat abbreviates what?
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
how to enter the tender refund amount in tally ?
How did you chose your university?
Do you know what is the importance of team work in this position?
Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????