0
Janab Hasansab of Hyderabad made furniture for his own office on 1
st
October 1975. For thishe had spent Rs. 36,000 on materials and Rs. 16,000 on wages. He estimated he life of thefurniture to be 10years. He also estimated that its expected scrap value at the end of its lifewould be Rs. 12,000. He closed his books of accounts on 31
st
March every year. He sold theentire furniture for Rs. 40,000 on 1
st
October 1978. Show the furniture account anddepreciation account for the year ended 31
st
March, 1976, 31
st
March 1977, 31
st
March 1978and 31
st
March 1979.
What else can I help you with?
Discount on Notes Payable is a contra account to Notes Payable on the balance sheet?
true
What are Accounts Payable and Notes Payable?
Accounts payable are the amounts owed to a supplier that the buyer holds an account with. Notes payable is the amount owed to creditors, that is, suppliers that the buyer does not hold an account with.
What kind of account is Note Payable - shareholders?
Notes Payable is a Liability.
Are notes receivable liability?
NO, notes receivable is an asset and are listed as such. A receivable is something the company expects to collect over time, account receivable is the account used for accounts that will be paid for in a year or less, while a note receivable is used for ones that are expected to take over a year to pay. Both Accounts receivable and Notes receivable are assets and are listed on the Balance Sheet as such. (GAAP)
What is an example of an asset account?
The current asset refers to the assets that are expected to be converted into cash within a year from the balance sheet date. An example of an asset account is an account that includes bank deposits, cash, market securities, and the notes receivable.
Discount on Notes Payable is a contra account to Notes Payable on the balance sheet?
true
How do you get your notes back after deactivating your facebook account?
you can't
What is the journal entry to discount notes payable?
debit cashdebit discount chargescredit notes payable account
How do you play under pressure on bass guitar?
there are only two notes used in the main riff. The first one is 12th fret on the A string, the second is 12th fret on the E string.
What are Accounts Payable and Notes Payable?
Accounts payable are the amounts owed to a supplier that the buyer holds an account with. Notes payable is the amount owed to creditors, that is, suppliers that the buyer does not hold an account with.
Why are there two dots on the 12th fretboard?
The two dots indicates the beginning of a new octave. The 12th fret notes are the same notes as the open cords, only one octave higher. ( E A B G B E ) The also helps the guitarists to visualise more easily their fingers position on the fretboard.
What kind of account is Note Payable - shareholders?
Notes Payable is a Liability.
Can you provide any notes on the A string?
The A string is the second thinnest string on a standard guitar, tuned to the note A. It is commonly used for playing melodies and higher-pitched notes. Notes on the A string are typically played on the 5th to 12th frets for a wide range of musical possibilities.
How long do you have to spend old 50 pound notes?
Old £50 notes were withdrawn from circulation on September 30, 2022. However, you can still spend them at businesses that accept them or deposit them into your bank account. Banks will continue to accept them indefinitely, so you can exchange them for new notes or have the value credited to your account.
What does the 4th to 12th fret of guitar be used for?
The fourth and twelfth fret of a guitar are used to make the key of the notes change. The different frets change the notes by adding a half step up or down in conjunction with the fret.
Who was Kalhana?
Kalhana (c. 12th century), a Kashmiri, was the author of Rajatarangini (River of Kings), an account of the history of Kashmir.
How the data is being retrieved from a gmail by lotus notes?
You can transfer data from Gmail to lotus notes. The lotus notes account needs to be set up too. This makes the data to be transferred between both.
