Interview for Accounts profile
This query is : Resolved
03 October 2008
Dear Sir,
I have interview tommorow & for that i require following answers
1.what is inter company accouting & what are its contains
2. what are major or basic fixed Asset items & rate of depreciation on it
3.how to run or calcuate depreciations
4. what is the full forms of GL
Please help immediately.
I have interview tommorow & for that i require following answers
1.what is inter company accouting & what are its contains
2. what are major or basic fixed Asset items & rate of depreciation on it
3.how to run or calcuate depreciations
4. what is the full forms of GL
Please help immediately.
03 October 2008
Intercompany accounting is accounting between sister companies and usually it will be by passing entries.
Buildings, plant, machinery, computers, etc. are major fixed assets.
Depreciation under companies act is different and under Income tax different.
Simple : WDV + Additions X rate of Depreciation = depreciation for the year.(180 days formula will also be there)
GL means General Ledger.
Buildings, plant, machinery, computers, etc. are major fixed assets.
Depreciation under companies act is different and under Income tax different.
Simple : WDV + Additions X rate of Depreciation = depreciation for the year.(180 days formula will also be there)
GL means General Ledger.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
