what is the diff btw charge and appropriation
- 7 Answers
- 12950 Views
- Capital IQ, FactSet Systems, HP, I also Faced
- E-Mail Answers
Answer Posted / deepak
hy i am ica student and as far as i know THE DIFF BETWEEN
CHARGE AND APPROPRIATION CAN BE STATED WITH AN Example
for charge.. DEPRECIATION CAN BE AN EXAMPLE.. whether there
is a profit or loss the depreciation is charged to the
profit and loss account..for appropriation.. reserves or tax
can be taken as an example.. it can be only appropriated
when there is a profit.. otherwise there is no
appropriation.. for charge let there be a profit or loss it
is valid.. appropriation is only valid when there is a profit.
| Is This Answer Correct ? | 51 Yes | 3 No |
Post New Answer View All Answers
what are your current financial and accounting projects? What is your role?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
What is the use of accounting?
Explain an example of a tough decision you had to make quickly?
What are the accounting events that are frequently involved in compound entries?
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
Explain what is involved in the process of double-entry accounting?
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
What does the abbreviation m mean in accounting?
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
How do you classify errors in accounting?
