what would be the accounting group of advance payment or advance received for purchase or sale of capital assets according to scheduled III.
Biometric Attendance Machine
Pls is Biometric Attendance Machine an office Equipment or Factory Equipment
Valuation of investment for balance sheet
what is method of valuation of investment while preparing balance sheet according to scheduled III.
Freight expenses for Raw Material
Freight expenses incurred to bring raw material, whether it should be added cost of raw material or should be shown separately.
Short term provision according to scheduled III
what come under short term provision according to scheduled III.
Under Long term provision scheduled III
which type of liabilities come under long term provision according to scheduled III .
Accounting enteries for inventory stock in trade
Whatever the purchase made during the year for stock in trade will be shown as expense. Now to pass the closing balance journal entry for inventory account which account need to be credited.
Treatment of Provision for depreciation
what is accounting journal entry of provision for depreciation and also accounting group of provision for depreciation.
why provision for depreciation is created instead of Depreciation.
Company why creates provision for depreciation.
Changes in inventories shown in profit and loss account
How to present changes in inventories in profit and loss account according to scheduled III
In the case of Negative figure.
Profit or loss shown in balance sheet according to Scheduled III
how to present Loss or profit in Balance sheet
Loss treatment
Profit Treatment
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Advance payments and received against purchase of capital assets