Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is the difference between cash system & mercantile
system



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

Post New Answer

More Accounting AllOther Interview Questions

What is Direct Debit

0 Answers  


ipo

3 Answers   Capital IQ,


Can i make invoice when my client apply for TIN Number ?

0 Answers   SIM,


1. How do we calculate the Closing Stock ? 2. How many types methods are used for calculating closing stock ?

2 Answers  


diff b/w debenture and bond?

4 Answers   American Express, Bank Of America, Syntel,


Expand S E C

3 Answers  


Anand put Hire charges bill for Rs 185250. During the course of work we supplied diesel worth Rs 25360,paid driver battas of Rs 1050.Pl pass journal entry by taking security deposit @ 5% and TDS @2.25%as deductions from bill

2 Answers  


Why did you leave previous job?

5 Answers   ABN AMRO, Genpact, ICICI, India Infoline,


Pls let me know how to calculate TDS n on what basis is it done

2 Answers  


Mac Purchased on 15th Jan 12000/- 30th June Machinery damaged due to Fire Accident 31st Dec received the Insurance Premium 13000/-. Pass the Journal Entry for all the above three

1 Answers   Dubai Group,


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

0 Answers   Genpact,


what is eoq? WHAT IS ITS FORMULA

2 Answers  


Categories