why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
1495can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
1696is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
1601what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
1883Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c
4 4173Post New Accounting General Questions
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
What is bad debt expense?
What do you mean by material facts in accounting?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
What is mis report , how to prepare mis report for general ledger?
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
Can you differentiate public and private accounting?
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
cash credit taken from bank then what is the general entry?
What was the most difficult deal you had to close?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
Have you ever made mis reports and what are they?
What other careers are you considering?
What is an accounting transaction?