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What is Unabsorbed Depreciation? How it will treat in accounts ?
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Sir I am audit assistant, engaged in internal audit of an automobile company.
During the course of physical verification of inventory i.e. parts of vehicle, some parts were found related to vehicle which is banned by government. as per as-2 the same should be valued at NRV.
my query is there around hundreds of line item related to that vehicle whether nrv is to check one on one basis or can be taken aggregate.
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sir,
i have one problem in salary, one employee salary due by 6500 but we paid salary 1800 (full & final),what is the journal entry of set off salary a/c & employee a/c
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I didn't no how to write journal entires
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Dear Sir,
Q1) we have made agreement that our Sole Properitorship firm paying money Rs.55L to a Pvt Ltd company to produce film
i just want to know is it applicable to deduct TDS on said amount?
2Q) they have paid professional fees 3L to some 3 parties.do i need to update the journal entry in my Book?
Q3) are we need to take Invoice from Said party or Agreement will be consider as invoice.
Pl Reply.
Thank you.
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can anyone explain me the treatment of contingent liablity in brief
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present iam going to work in a college in accounts field what type of accounts prepared what are involved in the college related accounts
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what is causes of break even point by the angle of sales and the angle of production.
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if a machine is purchased for $5,00,000 on 1.4.02 on hire-purchase basis.what is the average due date,if amount is repaid in 5 yearly annual installments starting from 1.4.03.
answer:1.4.05
can you please exlpain it how to solve?
thank you
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Unabsorbed depreciation