Answer / wasim khan

accounting is a wider term and encompasses all accounting
techniques and methods applied in a business system.
accounting can be financial, cost or management accounting.
while financial accounting is a narrow concept pertaining
only to a accounting system dealing with financial
transactions and elements of finance.

Answer / yash

accounting is two types
1.)financial accounting is define the position of our
business. its measure a gp, np, stock turnover ratio and
etc......,

economical accounting is define the cost and expenses of
the co. including interest of capital

Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.

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Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?

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what is t.d.s ?

4 Answers  

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Distinguish between trade bill and Accommodation bill

3 Answers   DELL,

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Why do you want to work with us

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EXPAND_________VT

1 Answers  

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what is ment by memorandom of association?

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How can we display last five years sales in tally

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i was asked to journalise nominal accounts please give me the answer with examples so dat its easy for me 2 understand

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How is the price of a particular product fixed. What are the considerations taken for that?

1 Answers   Genpact,

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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

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What do you mean by invoice?

4 Answers   HSBC, IBM,

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