what is the diff btw charge and appropriation
Answer Posted / lakshmana.n
UP ON MY OPINION CHARGE MEANS REDUSING THE ASSET VALUE
THROUGH DEPRECIATION.
APPROPRIATION MEANS EXPENDITURE IT SHOULD BE GIVE
FUTURE RETURNS TO THE FIRM
Is This Answer Correct ? | 4 Yes | 3 No |
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Wipro Limited
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Wipro Limited Please answer me for the followings
1. i taken an office on January @ rent 28000.00 for one
year
and i paid 14000.00 as first payment balance will be paid on
august. in tally how we post this and under which account
especially balance 14000.0 under which account.
2.i have taken a loan from mr. A the amount is 100000.00 on
January and the interest i need to pay on march 21000.00
the interest which iam going to pay is liability not a
expense and it will be a expense in future,
how we can post this also in tally and under which account.
please somebody guide me who knows
regards
niyas
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