Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
Answer:
Option 1 is correct because accumulated depreciation account is contra asset account and has a credit balance that is adjusted in the balance sheet. This accumlated depreciation is adjusted against the value of the asset when the asset is sold or disposed off.
Explanation:
Other options are incorrect because Accumulated depreciation is contra asset account and is credit in nature, not debit in nature. Furthermore, saying that accumulated depreciation account is contra revenue account which is also incorrect.
Answer:
the reconciliated bank statement will be for 2,679.45
Explanation:
bank balance 3,481.55
deposit in transit 12.90
outstanding checks (815)
adjusted bank 2,679.45
account balance 2,715.83
services change 1.02
fees (37,40)
adjusted account 2679,45
Answer:
not just pay them they can award them with extra credit?
Explanation:
