Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ramchandra
There are two types of assets
1-fixed Asset
2-Current Asset
=These are Fixed Assets which the company buys for a long
time.they are not owend for a short Period of time.for Example
Land building Goodwill Furniture Vehicle Fixtures&
=these are the asset the value of which keeps flucuting as
short the company
deal regulary with them.or These are asset which we have
short period of time known as current assets. For exa
loan stock investment.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
How to increase our credit rating score quickly?
Debit Note & Credit Note?
Difference between cash and merchantile system?
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
INTE3RNATIONAL ACCOUNTING STD
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
Define `Realisation` Account? Explain the salient features?
Expand-------SNAT
What is Acquisition?
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question
How can we display last five years sales in tally
Please do tell me about the questions which are asked at BACS FINAL ROUND.
