Reference no: EM13904478
State whether the accompanying costs are capital, income or conceded income consumption:
(i) A Ltd. spent Rs. 2,00,000 for redesiging the hardware which enhanced the limit usage and spared running consumption by Rs. 15,000 p.a.
(ii) M/s Capital Properties, property merchants, bought ten pads @ Rs. 7,00,000 each.
(iii) A firm acquired Rs. 10,000 to hold the title of an area obtained for business in case with outsider.
(iv) Compensation paid to undesirable workers.
(v) M/s Durga & Co. spent Rs. 2,50,000 for sorting out an Inter-school Cricket Tournament in Delhi. This was held for publicizing their new school pack and certain books and stationery which they needed to market.
(vi) Rs. 12,000 paid to Mahanagar Telephone Nigam Ltd. for introducing a phone in the workplace.
(vii) Damages paid by virtue of rupture of agreement to supply certain products.
(viii) Rs. 25,000 has gathered amid the year on term credit acquired and used for the development of manufacturing plant building and buy of hardware, in any case, the creation did not begin till the last date of the year.
(ix) Imported products worth Rs. 1,75,000 usurped by traditions powers for non-revelation of material certainties.
(x) Rs. 20,000 spent for the trial keep running of recently introduced hardware.
|
What is the level of aggregate resources for meridian
: What is the level of aggregate resources for Meridian at this point?
|
|
What is the level of aggregate resources for headstrong
: What is the level of aggregate resources for Headstrong at this point?
|
|
A correlation of passages
: The money book of Sircar demonstrated a bank overdraft of Rs. 1,970. A correlation of passages in the pass book with those in the money book uncovered the accompanying
|
|
Bank parity according to money
: Bank parity according to money book as on 31st March, 2011 is Rs. 3,25,975. Set up a Bank Reconciliation Proclamation as on 31st March,2011.
|
|
Income or conceded income consumption
: State whether the accompanying costs are capital, income or conceded income consumption
|
|
Conceded income uses
: State which of the accompanying uses are capital, income, conceded income uses and capital misfortune
|
|
Determine the outside trusts prerequisite
: Determine the outside trusts prerequisite for Kamath Enterprises for the year 20x8. How ought to the organization raise its outside trusts prerequisite, if the accompanying confinements apply?
|
|
Opened anticipation account
: On 31st March 2011, a bookkeeper of a sole proprietorship concern couldn't concur his trial equalization. He put the distinction in a recently opened anticipation account and shut the books of record for the year.
|
|
Determine the outer trusts prerequisite for arvind
: Determine the outer trusts prerequisite for Arvind for the year 20x8. How ought to the organization raise its outside trusts prerequisite, if the accompanying limitations apply?
|