what is the accounting period ?

Answer Posted / rajesh

Accounting period means the period starts with 1st april of
the previous year and ended with 31st march in the current
period is called accounting period

Is This Answer Correct ?    7 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1443


What is the difference between reserve and provision.

1813


give me only one transactions in both side (debit&credit) should be in real accounts

1737


Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

1619


How Are The Balance Sheet And Income Statement Connected?

720






What is deffered income

1704


What is a Balance Sheet & Profit & Loss Account?

1495


What exactly balance sheet depicts

1591


how history is helpful for banking?

1568


explain the difference between LIFO and FIFO?

731


wht can u do for the growth of bhel?

1544


What are the question asked for accounts associate

499


we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

1625


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1264


what would you contribute for bhels growth

1652