Answer Posted / manojs
the term to write the intangigle assets is amortistion.an
intangible assets with finite useful shall be amotised and
intangible assets with infinite useful should be impaired
and not amortised. for
eg goodwill should be impaired butshould not be amortised
treatment:its a non cash expense so it should be charged
against the income
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
how will i develop my fears in interviewd?
which kind of expenses or Income will come under direct expenses or Income ?
Expand---------NMOP
what is the meaning of Processing Vendor/Employee payments
what is the meaning of call in arear
what is the document spliting?
Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
Difference between nonoperating expentiture and non cash expenditure
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
What is the accounting treatment for finance lease in lessee's viewpoint?
what is Journal Entries?
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
it is better to invest in which securities short term/long term or both? please reason4 the same