![]() Related Questions View Question | Asked by : Arvind Jha What is meaning General Reserve?What is the role of General Reserve in Company & What time this is used and for What perpose? Read Answers (1) | Asked by : Parkar munawar Ismail what is the current rate(%) of PF and ESI in private ltd. companyI have needed for my Current JobThanks & rgds.Rajesh Latest Answer : PF Contribution Rate : 12 % by employee & 12 % by Company on BASIC SALARY + DA + HRAESI Contribution Rate : 1.75% by Employee & 4.75 % by Company on BASIC SALARY + DA + HRA ... 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 ... 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 ... Can Loading, Unloading and Installation Charges during the time of shifting of the company be capitalised?
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