MGS Ltd. purchased a machine costing `1,25,000 for its manufacturing operations and paid shipping costs of `30,000. MGS Ltd. spent an additional `12,000 testing and preparing the machine for use. What amount should MGS record as the cost of machine?
Kindly give me the explanation.........
How to merge two ledger in tally
we have two ledger in one company "ex" office maintainace a/c and printing & stationery a/c, now we want to ship to all entry office maintaiance a/c to printing and stationery a/c
please tell me what is solution for this problem
Fd accounting
Hi
1.Can u pls let me know the accounting procedure for TDS On fixed deposit?
2.If i get FD int from bank what are the entries to pass other than receipt entry?
Salary expenses
Please confirm expenses covered under salary head in balance sheet of partnership firm.
Dissolution of partners
what will be accounting treatment in case of insolvency of all partners..
Amalgamation
in amalgamation what is diff between merger and net assest methd? and when not given which method we have to take?
Closing stock
Dear Sir/Madam,
Kindly suggest me how to calculate or get Closing stock against CC Limit?
With Regards
Parvinder Singh
Concept
Hello.... I wanna know k in internal reconstruction chpt... Wat to do wen some assets r write off by 10% nd to 10%.. I get confused in dis 2words... While solving problems.. Reply asap.., nd Thnx in advance... :-)
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