Kind of assets should be capitalized
Which kind of assets should be capitalized and when expense out?
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Assets provide service for long duration approximately 3 to 4 years or for long period of time. These kinds of items capitalize in our books of account and charge depreciation in every year according to the rate.
Explain in your terms what are Accounts receivables?
What are the materials /components are used by Accounts receivable departments?
In your terms Reconciliation is defined as?
Explain the process of journal entry recorded?
Differentiate between debenture creditors and holders?
what are the merits of using accounting assumptions when preparing financial statements
You have been asked how to prepare a bill for services. What type of information should be comprised in the bill?
In respect of Account Receivable how do you define Intercompany Transaction?
Explain Customer Master record in brief?
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