what are GAAP items and examples of such?
Answers were Sorted based on User's Feedback
Answer / munitha.m.c
GAAP means General accepted accounting principles.Examples
of GAAP is business entity concept,dual aspect concept etc.,
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / uttam.847
GAAP it means General Accpted Accounting Principles, it use
unifomaly all business.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the Difference Between P & L A/C and Income and Expenditure A/C ?
salary is paid to a person A wrongly twice a month and after detecting the mistake the salary is paid to the right person B.write the journal entry for the two sequences.
what is the rule for applying EL and CL and what is the Advance period for applying EL and CL
What is balance sheet and off balance sheet?
Can you please explain the difference between differentiate between consignor and consignee?
What is mutual fund what is derivatives what is capital market what is TDS.breifly
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
Whether Goods receipt is an Asset or liability?
what is the difference between journal entry and ledger
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
what is a corporate chart of accounts and its purpose?
Tell me how you can adjust entries into account?