how we mainatin account for a construction company or firm



how we mainatin account for a construction company or firm..

Answer / xyz

while maintaining accounts for a construction company each
and every project must be seperated, receipts and payments
must not be mixed of different projects. this will enable
us to calculate what the firm has earned from some specific
project.

Is This Answer Correct ?    18 Yes 1 No

Post New Answer

More Accounting General Interview Questions

How to pass advance entry in tally, and how it should adjust against future invoice.?

9 Answers   Alpha Technologies,


What accounts are to be debited and credited in this case o

0 Answers  


how to pass year ending entries for VAT treatment?

5 Answers  


How do u calculate closing stock in training account?

6 Answers  


WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?

0 Answers  






what is the differance b/w direct & indirect exp

2 Answers  


What is account payee cheque? Expand ctc cheque?

0 Answers  


what is tribal area allowance means

0 Answers   Chartered Accountant,


what is a corporate chart of accounts and its purpose?

0 Answers  


what is accounts?

9 Answers  


What is Inter branch accounts reconciliation

2 Answers  


How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

2 Answers   Consortexe,


Categories