Dear all,
i want to know that if any company have purchased any fixed assets costing Less than Rs.5000 whether this can be written off fully in same year or the prevailing depreciation rate will be applicable?
Thanks to all in advance.
Can any one clearly expline that what is the meaning of Deferred revenue Expenditure. Please explin me with some examples.
hi.....our company set up overdraft against fix deposite in bank ,bank transfered 85% of fd amount in overdraft account,what entry should be pass in tally?
If i pass dr to bank od
cr to bank loan...is it write entry please Help?
Thanks
Obliged if somebody could tell me the origin and significance of the terms "To....." and "By......." while passing Journal Entries.
we have to firms A & Z for two borthers respectively on a same location.
By mistake purchase of A-firm was entered in Z-firm and vat return was filed.
now we have to file revised return of both the firm A & Z, instead...
Q. can we without filing revised return adjust a journal enter between the two firms, if yes plz mention wt would be the entry.
company Refund due Rs.8900 has been shown in loan and advances, when will receive the refund the same will be reduced.
but if the refund receivable comes less or more than how to adjust the difference.
right issue exp should expensed out in the year of right issue or it should be treated as deferred revenue expenses
petrol bill & maint bill to be submitted for claim- for cars & two wheels Rs.14400&9600 respectively. or declration is ok
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Depreciation on Low value item