Interested to Buy Any Domain ? << Click Here >> for more details...
what is entry for depreciation?
- 44 Answers
- 80756 Views
- Genpact, IBM, Maersk, OPI Global, Wipro, I also Faced
- E-Mail Answers
Answer Posted / shahbaz
DEPRICIATION ACCOUNT ( DEBIT )
ACC. DEPRICIATION ACCOUNT ( CREDITE )
AND
DEPRICIATION ACCOUNT ( DEBIT )
ASSETS ACCOUNT ( CREDITE )
BOTH ARE CORRECT
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
Feature of Master letter of credit of Garments manufacturing company?
what is leverage n detail and tpoes of leverage with iagram?
If income and expense both are equal then what it depicts
plz send me the accounting questions and answers of bank of america.
what is general HR?
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
What is finance lease
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
What is the important of cash in a business unit
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
Expand-------ATBN
Expand---------NPTO
In SAP FICO How many ways we are Procuring the assets in the Company?
