Interested to Buy Any Domain ? << Click Here >> for more details...
Over-hauling expenses of a secon hand machinery should be
debited to ---------
- 2 Answers
- 3871 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
Machinery Maintenance or Repairs A/c. Since it's not
purchase or creation of a new asset, it's not capitalised
but charged off to the Profit & Loss A/c of the year in
which it's incurred.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what is ZBA hold & balance hold in banking?
1. Fdr mature with interest
what is the difference between Tally ERP and SAP FI ECC?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
what is the scenario of multi-org setup?
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
bill to addres? ship to addres? rimit to address?
Mostly what type of manufactures are coming under TDS and basic rate for each category
what is portfolio Saint?
Expand-------NABT
What is limit of turnover for registering under CST & limit of Form 'C '
Distinguish between sale and consignment
what is account & what is finance
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
