Can Loading, Unloading and Installation Charges during the time of shifting of the company be capitalised?
What type of depreciation is calculated for cold mines ?
Latest Answer: Written Down Method ...
Which are the methods of depreciation?
Latest Answer: Methods for depreciation are 1) Straight line Method & 2) WDV ...
A company has current assets of $3 million. The company's current ratio is 1.5 and it's quick ratio is 1.0. What amount of current liabilities does the company have? What amount of the company's
Latest Answer: current asset is $3billion so, current ratio = current assset current liabilities1.5 = 3 / current liabilities current liabilities 1.5 = 3hence current liabilties is $2 billion Now, quick ratio = quick asset / current liabilities1.0 = quick ...
Company purchase one car on 01/01/2008, one new accounting package, and paid audit service charges. The cost of car is 20,000.00, accounting software is 6000.00 and audit fee is 3000.00 estimated depreciation
Latest Answer: Car:Tangible20,000 Accounting Software:Intangible6,000 To account payable26,000 Audit Fees3,000 To account payable3,000 DereciationDereciation:Car1,000 Amortization:Software1,000 To Accumulated Depreciation2,000 ...
Explain the nature and accounting treatment for fixed asset.
How can we made calculation of Fixed Assets?
Latest Answer: Could you please elaborate the question..I think your question is regarding depreciation calculation. ...
I need simple example for all depreciation methods.Thank you so muchYousry NasrEmail yousrynasr@hotmail.com
Latest Answer: Following are the depriciation methods that are used in FA module: 1. Flat rate method 2. Calculated method3. Table method4. Formula method5. Production method6. STL7. DEMINISHING8. Time-Hour ...
Why do we calculate loans & advance on the asset side of the balance sheet?
Latest Answer: Payments to staff as advance and loan to sister concern or other company on interest is chargeble (TERM LOAN ETC) ...
Can we set default system date in fixed asset in Oracle Apps 11i? If yes, then how?
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