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what is accountig methods?
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Answer / subhrajit ghosh
Accounting methods are those by which transactions are
recorded in the books of accounts properly.For example
Golden Rule
| Is This Answer Correct ? | 21 Yes | 0 No |
Answer / mahendra pareek
Every transctions is manage in books by golden rules
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / trilok sharma
Accounting Methods Is:-
1. Personal Account
2. Real Account
3. Nominal Account
Trilok Sharma
(Vigneshwara Developers)
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / parusharam
accounting methods are
cash method
marcantile method
mixed method
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / raju
ACCOUNTING METHODS ARE OF TWO TYPE
1. MERCENTIAL METHOD
2. ACCRUAL METHOD
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sivanarayana.sana
1.Cash basis of accounting
2.Mercantile basis of accounting
[or]
Accrual basis of accounting
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / aratee kadam
Accounting means manage , maitanin all the regulary
transactions in book of accouts.
| Is This Answer Correct ? | 1 Yes | 4 No |
Expand---------PDBC
what should accounts manager do
Expand---------MRDT
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
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EXPAND______________RWS
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