Interested to Buy Any Domain ? << Click Here >> for more details...
In Accounting how many types of formulaes?
- 3 Answers
- 6546 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ashid puzhakkal, m.com.,b.ed.
ASSETS=EQUITIES.
ASSETS=LIABILITIES+CAPITAL
CAPITAL=ASSETS-LIABILITIES
LIABILITIES=ASSETS-CAPITAL
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / ashid puzhakkal
I already given the correct formulaes. The answer given by
alok chandra ray is not related to formulaes. Definitely,
ur answer relates to rules of accounts, based on
traditional approach or British approach. According to
British approach, there are 3 types of accounts, namely,
personal, real and nominal. According to American approach,
there are 5 categories of accounts, namely, assets,
liabilities, capital, revenue and expenses.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / alok chandra ray
Dear friend don't forget the golden formulaes.
dr what coms in,cr what goes out
dr the receiver & cr the giver
dr exps/losses cr incomes & gains
| Is This Answer Correct ? | 5 Yes | 3 No |
EXPAND_________TAN
what is capital market, stock market and share market?
whatis meant by contigent liability
hi i done mba finance...2008 1 year exp in kpo 1 year i did nt do any job i know all d accounting packages now i am in job search but my exp is not helpful to me ?how can i approach now?
What is mean by BRS?
What is the difference between Depriciation and amortization?
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.
Expand R A (Allowance in Railways)
What are the two motives of business?
What is T+2 rolli g settlement cycle?
Define Trial Balance?
what are the 6 M's of management?
26 Answers Management, Ram Infotech, State Bank Of India SBI,
Audit 
