Explain me by saying, perpetual or periodic inventory system; what do we mean?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

As per accounting standards, what is the meaning of "Short Term Liabilities and Long Term Liabilities:? As the Company can change the classification based on their business? Or these meanings are fixed?

4 Answers  


What is the accrued interest & how the entry will be passed for the same

1 Answers  


which will be the assessement year for2010-11.

3 Answers  


how to create salary and pf statement in excel sheet?

0 Answers  


Which of the following statement is not true: (a) If del-creder’s commission is allowed, bad debt will not be recorded in the books of consignor (b) If del-creder’s commission is allowed, bad debt will be debited in consignment account (c) Del-creder’s commission is allowed by consignor to consignee (d) Del-creder’s commission is generally relevant for credit sales

2 Answers  






What is the difference between personal account real account and nominal account?

0 Answers  


In accounting, how do you define the premises?

0 Answers  


is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

0 Answers   Ram and Associates,


while preparing final accounts of a service rendering shop,then where do the purchases and sales come as closing stock is not there

1 Answers  


VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI

0 Answers  


what is difference between bill and invoice

1 Answers  


WHAT IS FORM E1 AND E2

1 Answers  


Categories