What is Depreciation and how is it different from amortization
Answer Posted / rikki
that true said by Muhammad Ramzan that depreciation is
charged on the tengible assets of the orgination that
directly used by the company for profit
making ..........and amortization is charge on intangible
assets of the orgnization which make profit in indirect
way ;
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
what are your plans after completing your MBA (or) studies ?
what are the uniform public construction cost accounting act procedures?
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
how there face in lvbank interview
What is mean by Reserve on Consolidation?
do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
---------is the main or principle book of accounts
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
impairment & Amortisation Means
How do you avoid loss situation
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
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
Short Answer on ________Accounts Payables