Answer Posted / satish

windows software is not an asset. we cannot get money in future. so it should be treated as expenditure. we cannot sale the software to any other company.
the first entry is
software ac...dr
to microsoft ac (sundry creditors)
after payment through bank or cash
microsoft ac...dr
to bank (or) cash ac

Let me know the liability positions of Partners

1974

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what is the process of cenvat credit taken in service tax( in direct & indirect service)

3435

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Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

1132

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what is the difference b/w gain and profit?

1933

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how can we get a leaverage in intraday market if are not a professional acount holder?

2145

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Do you know what is double-entry accounting? Explain with an example?

997

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What do you mean by material facts in accounting?

1043

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Define public accounting?

1053

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What does the financial statement of the company include?

1090

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what is retention? how caculate on asset

2253

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Tell me what is an over accrual?

1090

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Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

3832

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Explain fictitious assets?

1024

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Tell me what is working capital?

1117

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my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

1994

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