what is the difference between cash system & mercantile
system
Answer / avinash.avala
If cash is received then recorded in the books irrespective
of period - In case of cash system.
If the transaction is related to the period irrespective of
cash received or not then it is recorded in the books - In
case of mercantile system
Is This Answer Correct ? | 22 Yes | 6 No |
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
0 Answers Golden Sands, manappuram,
what are athe accounting principles?
If grant is receivable by head office, but it is directly received by branch then what entries should be passed in branch and head office in tally
What is the journal entry for reverse the late payment of loan from the bank A.
what is debit/credit note ? what deffered income and expencess?
What exactly balance sheet depicts
fridge was capital or revenue?
What is mean by Tab Group in MS-Excel?
what is amortization or what is the use of amortization?
what is reumbursment.
What is Mortgage Payment?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - razvinotes@yahoo.com