Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / rahulkumar
it is an expenditure incurred in the one accounting period
and the benefit is not consumed in the same accounting
period
for ex land and buildings plant and machinery
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Horizontal balance sheet versus Vertical balance sheet
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
what is the rate of vat,cst,in mumbai
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
Who is debtor purchaser
Why are accounting standards necessary?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
how pass journal entry in the month ending for input vat and out put vat
what is payment written
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?
What does the abbreviation m mean in accounting?
Explain fictitious assets?
What do you mean by ledger posting?
