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Why is a provision for depreciation made in the financial statements?
A to charge the cost of non-current assets against profits
B to make a provision for repairs
C to make cash available to replace non-current assets when necessary
D to show the current market values of non-current assets
o depreciation on the building has been recorded in 2016. Depreciation on the building is based on Double-Declining Balance. It was purchased on 1/1/15 and has an estimated useful
Journal voucher is the voucher in which all the adjustment related entries and non cash non bank transactions are come ijournal eg-dep, some of them book the bills in journal and
The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?
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briefly explain the accounting concepts which guide the accountant at the recording stage
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CALCULATIONS VARIOUS QUESTIONS
Assume that the following are independent situations recently reported in the Wall Street Journal. 1. National Electric 8% bonds, maturing January 28, 2013, were issued at 112.16.
THE BALANCE SHEET CONCEPTS According to Howard, a Balance Sheet might be definite as - 'a statement which reports the principles owned by the enterprise and the assert of the c
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