Answer Posted / h.r. sreepada bhagi

Insurance is a recurring expense year after year and it's
required to be incurred every to cover the risk associated
with using the vehicle. Insurance premium will not add to
the value of the asset itself. Hence it is not added to the
value of the asset, but charged off to P&L A/c. This applies
to all kinds of insurance premiums paid. Like this the
Annual Road Tax paid is also treated similarly.

Unrealised profit will be debited to ?

1844

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Tell me why do you apply for a job of an account executive?

1039

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PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?

1839

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Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1632

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what is the rate of vat,cst,in mumbai

1645

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X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800

3490

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I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

1998

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Tell us how can you define departmental accounting?

968

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What is purchasing order?

1108

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why only 6 months interest is charged on drawings

2137

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Do you know marginal cost?

996

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Role-specific management accountant job interview questions:

989

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If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

2129

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what is the enty for contract bill raised?

2357

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How many types of business transactions are there in accounting?

1038

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