machinery is assets or liabilities

Answer Posted / pavankumar

MACHINERY IS FIXED ASSET

Is This Answer Correct ?    16 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on _________Business

1589


what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

1773


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2128


What are motive behind mergers And acquisitions?

1699


What is meant by retiring Bill

1512






How the sub ledgers(AP, AR) integrate with GL liability and receivable

1533


What is Goods Lost by Fire/Accident/Theft ?

1323


i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp

2677


is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

1586


What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

1617


company's total overhead expense is containing which are the expenses? Definition of overhead expense.

1521


What is Analysing

1670


what are valuation accounts?

1578


WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

1675


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

1625