Hi...
I have a query regarding Depreciation...
As per my knowledge depreciation is a one time entry which is passed at the year end..
Eg;- 31/3/17. Dep for P&M A/c....Dr. 50,000
To prov for dep for P&M A/c. 50,000
(Say, 5,00,000@10%)
and so on....
Now tell me...is it ever possible to pass the above mentioned entries every month (i.e on monthly basis) on any kind of provisional basis..!!??
Eg;- 30/4/16. Dep for P&M a/c....Dr. 2,000
To PFD for P&M A/c. 2,000
31/5/16. Dep for P&M a/c....Dr. 2,000
To PFD for P&M a/c. 2,000
(this amount of 2,000 is on provisional basis)
And so on....
Then at year end a reverse entry is passed to adjust the excess or short of dep, as the case may be.. and a final entry is passed with actual amount of Dep.
Would like to confirm whether such type of practice is even acceptable in practical world...??
Hope i got my query understandable..
Thanks in advance..
Find the centroid of the triangle whose vertices are (x1, y1), (x2, y2)
and (x3, y3).
Had saved some theorems of similar triangles of class 10th for off line viewing. Couldn't find them off line
Can you please clear the following :
1. Tax Invoice nos and Bill of Supply nos are to be separate from each other ?
2. Can Issue 'Reimbursement' bill under Bill of Supply.
Can you please clear the following :
1. Tax Invoice nos and Bill of Supply nos are to be separate from each other ?
2. Can Issue 'Reimbursement' bill under Bill of issue.
by taking 8 times 8 what we can do add sub divide multiply but we should get the answer 1000 ?