Answer Posted / navjot dhillon
we can consider depreciation as a source of fund.because it
is only a book entry.it is a non-cash item.total income is
calculated after making deduction of the amount of
depreciation from gross total income. tax is never imposed
on gross total income. The amount of tax is calculated on
total income of the business.when the depreciation is
deducted from gross total income,it reduce the total income
of the business,so it is cleared that the lower slab rate
of tax is imposed.So depreciation is a sourse of fund
because it save the amount of tax.
Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
let me know the minimum Accounting Heads in an accounting system
what is non stock?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
Assets are held in the Business for the purpose of____________________
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
why would you like to opt nbp
intorduse your self ? what to say if iam fresher.
bill to addres? ship to addres? rimit to address?
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
1. Fdr mature with interest
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
EXPAND_________SEC