Claim depreciation
When an asset is purchased and the similar is not employed for the financial year, must the company charge the depreciation and the reason for the similar?
Expert
As per income tax law can’t claim depreciation however as per company action we can claim it. When assets are machinery and are ready to use however not used throughout period we can claim for depreciation since machinery is ready for use and company encompass certificate and bills for the installation of machinery.
Describe the official reserve assets and some of its important components.
Seattle is currently considering a 10-cent tax on espresso drinks to pay for pre-school and day-care programs. The legislation’s sponsor, Rep. Burbank, argues that people who spend $3-5 on exotic espresso based coffee drinks can afford – and will be &ldquo
company A began operation on january 1,2012. The annual reporting period ends December 31.The trial balance on January 1,2013 was as follows
What is Account. Explain briefly.
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Describe what you mean by the incremental cash flows of a capital project.
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To transfer amounts from retained earnings to contributed capital through stock dividends. The effect is to decrease retained earning and increase the stock account. Stock dividends also permanently retain the earnings in the corporation by moving it out of the retain
In the year 1995, working group of the French chief executive officers was formed by the Confederation of French Industry (CNPF) and the French Association of Private Companies (AFEP) for studying the structure of the French corporate governance. Group has reported th
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