how we will account the preliminary expenses in journal and
ledger as well as balance sheet?
Answer Posted / vijayram.s
dear vijaya kumar priliminary expends does not depriciate
100% on the same year, u shuld depriciate 20% p.a
the remain answer is currect
Vijay Ram. s
| Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
Tell me do you think accounting standards are mandatory and why?
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
What do you mean by ledger posting?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
Explain dual aspect term in accounting?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
What are bills receivable?
Explain me the difference between public and private accounting?
What are the functions of manger -accounts and manager-finance?
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
how to create salary and pf statement in excel sheet?
Define trade bills?
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
how we can calculate sundry debtors and crditors a/c?show some examples