Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

why is interest on capital an expense....??

Answer Posted / supruya

Interest on capital should be allowed to the partner's of
the company for their investment in the company as in the
case of Debts, finance etc...
It is expenditure to the company and at the same time it is
income to the partner's on their capital
That the partner's are also investing only. not nothing else

Is This Answer Correct ?    16 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the difference between banking institutions and financial institutions?

2218


which is the combine entry in ERP?

2317


How does the ration analysis help in depicting profit and loss

2207


legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

3138


Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?

2130


what is Exposure ?

2020


last date of tds deposit yearly,tds proforma challan

2691


You have joined company yesterday then you are Appling B1 visa today. why so urgent.

2262


please give the sbi bank clerk exam paper model in last five years?

2294


Can I freeze my account?

2166


what is Journal Entries?

2189


sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method

2414


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

2415


PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

2270


what is sevice tax? on what service tax is applicable. explain with examples?

2343