Answer / praveen shettigar

income earned but not received& expenses incurred but paid
in next month.

Answer / shujjat bhatti

accrual accounting means if sale some thing on account and
cash not receive that is called accrual accounting and if
we utilize utility bills and payment made on next month
that expense is also called accrual acounting base.

Answer / babhu kanchupalli

Basis of accounting is mainly devided into two types..They are cash basis of accounting, accrual basis of accounting..

Based on accrual basis of accounting Expenses are recorded when they are incurred but not when they are paid.....same way Revenue is recognized when they are earned but not when they are received.....
Ex : 1 . Prepaid expenses.
2 . Unearned income.

These are some of the examples of accrual basis transactions.

What are dated securities?

0 Answers   SEBI,

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i have done my mba finance ,but i did my graduation in bca .pls give me relevant ans when interviewer ask me question why did u change your feild?

0 Answers   eClerx,

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What is a leveraged buyout?

0 Answers  

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Tell me something about risk management?

0 Answers   BlackRock,

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what are FIIs a)direct investment b) indirect investment

2 Answers  

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What is Book Value?

21 Answers   Capital IQ,

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0 Answers   RBI, State Bank Of India SBI,

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What Should I Do If I Discover That I Forgot To List A Creditor In The Bankruptcy Schedules?

0 Answers  

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The rule of the Risk management provides a basic framework within which risk management decision can be made .Doscuss.

0 Answers  

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What is open market operation?

0 Answers  

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What is BEP? How is it calculated?

18 Answers   Capital IQ, Mphasis, Thomson,

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send me all the question whch can be askd in bank interview

0 Answers   Banking,

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