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Depreciation

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(Querist)
11 October 2018 what is the depreciation rate for mobile phone for business use?
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RAJA P M

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RAJA P M (Expert)
12 October 2018 As per IT Act rate of Dep for mobile @ 15%
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Amarnath

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Amarnath (Querist)
18 October 2018 Proprietor's capital account balance have a credit balance ( current liability in balance sheet) which means?
Proprietor's capital account balance have a debit side ( current asset in balance sheet)which means?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
14 October 2021 1. Proprietor has invested that much amount in the firm....
2. Proprietor has withdrawn equal amount from the firm.

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