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Question added by Ziad Chehabeddine General Manager Warwick Hotels
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Question added by Deleted user
7 years ago

Company rents an office space and does a major renovation. What is the accounting treatment if the lease is for ONE year OR lease is FIVE years?‎

Considering materiality of overstatement, it would be prior year adjustment with correction / restaement of previous year.‎

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Answer added by  KHALED Aloui, Moulds technical specialist, Leman Industry Connectors
2 years ago

One of the main drawbacks of this energy remains its difficulty in predicting it. Winds are hard to predict, and you should know that if a wind turbine needs a minimum o ... See More

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Answer added by  FARHAN KHAN, DEPUTY MANAGER, INDIA POWER CORPORATION (BODHGAYA) LIMITED
8 years ago

The Payment made for Sketch and design of renovation work of building will be a Capital Expenditure.

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Answer added by  Abdulla Khan, Operations and Maintenance Engineer, Zuari Indian Oil Tanking Ltd.
8 years ago

Temporary smoke detectors maybe placed at a distance of meters from each.