Latest Answer : Fixed asset means it gives long term benefits to the organisation by year end we should find the accurate value of the asset for this purpose we must calculate the depreciation. ...
1) what is fectitious assets?2) what is ment by cash book and day book and general leder?3)employee salary deductions under section of the income tax act of india?
Latest Answer : ficticius assets are those assets which are not write off at once and which are not treated as fixed assets like Deffered revenue Expenditure. ...
Latest Answer : Fictitious assets means any expendicture, the benefits which will be spread over a period of time not only to the current period. Any expendicture we made for huge advertisements resulted for a period of time. hence its is classifying as fictitious asset. ...
I am trying to retire fixed assets that have fully depreciated. Can I retire it by scrapping
Latest Answer : Yes, by scrapping the same Asset. ...
Latest Answer : There are 3 types of Fixed Asset:-1- Capitalized Assets2- CIP Assets3- Group Assets ...
Can we set default system date in fixed asset in Oracle Apps 11i? If yes, then how?
How can we made calculation of Fixed Assets?
Latest Answer : Could you please elaborate the question..I think your question is regarding depreciation calculation. ...
Explain the nature and accounting treatment for fixed asset.
Latest Answer : Once the asset is purchased it is recorded in the books of accounts by using money measurement concept. It takes in to account only the expenditure incurred for purchasing the asset.As per the company procedures depreciation will be calculated. Depreciation ...