Interested to Buy Any Domain ? << Click Here >> for more details...
how to treat visa renewal expenses in a company ? is it a
prepaid expense?
- 1 Answers
- 4293 Views
- I also Faced
- E-Mail Answers
Answer Posted / mithin
Visa Renewal Exp. a/c dr.
to p&l a/c.
its a prepaid expense then shown in asset side of the
balancesheet..
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
How time sheets are maintained?
Explain what is double-entry accounting? Explain with an example?
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
Explain how you can adjust entries into account?
What is the double entry system explain its rules with examples?
What is the definition of offset accounting?
How do you add/remove a payment block for particular invoice ?
what will be the entry for inventory
how to account branches in tally
How can you made payment when bill come from vendor, what is the bills have you check.
Define social responsibility accounting
How does accounting contribute to the community?
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
What is vat adjustment?
