If we follow accrual basis of accounting....will it be in
conflict conservatism concept?
- 1 Answers
- 2724 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer / vignesh
In an Accrual basis of accounting we were recorded all the
items like prepaid and receivables, so if we convert
accounting assumption to other concepts there some confilict
| Is This Answer Correct ? | 0 Yes | 0 No |
example: thing that u have order 100 goods from the vendor, and he delivered only 80 goods,but he invoice u for 100 goods, then what will be u doing in this suitation?
expand I R D A
What is prepaid expences
how to maintain stock if any entry mismatch pllzz tell me short cut
what is open item management?
Rectification entries.
what is the entry for accumulated depreciation?n why it is used?when it is necessary?
Wat is the diff.between revenue and capital expenditure? Wat is meant by deffered revenue expenditure?
14 Answers TCI, TCS,
What is difference between profit, revenue?
basic rules in accounting
10 Answers CA, ITC Infotech, KDCC,
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
what is a zip file
Audit 
