The 'going concern concept' is the underlying basis for:
1.stating fixed assets at their historical cost
2.disclosing the market value of securities
3.disclosing the sales and other operating information in
the income statement
4.none of the above
Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?
1 Answers SK Engineering, TCS,
Balance Sheet comes under which account? a)personal a/c, b) real a/c, c) nominal a/c
Please let me know in which Section we can disallow loss on sale of assets which has been debited in profit and loss account
What do you mean by Accountancy and Accounts?
what is mean by portfolio Management?
what is ment by suspence account and dummy account
8- What do you understand by accounts receivable and accounts payable and its schedule?
Describe the proof of cash type of bank reconciliation?
is depreciation a fictious assets?
What do you mean by Accounting ?
An amount of $287 written off as a bad debt in a previous accounting period was received from photo services. How to pass the journal entry?
can you give me debit n credit rules