WHAT ARE LIMITATIONS OF ACCOUNTS ?
Answers were Sorted based on User's Feedback
Answer / sarata kumar swain (godhan,ken
like advanstages all things have some of limitations so
accounts having some of limitations that it is historical
in nature ,unable to give actual result but gives
estimated, it takes provissions , unable to make decission
making, takes time to give result of a finacial year,unable
to detect current pogion in the market when the invester
need, having no link with costing and management account.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / manojs
1. historical in nature
2.only monetary terms are taken
3. ignores changes in the money value during
inflations
4.estimates are made
Is This Answer Correct ? | 1 Yes | 0 No |
In FY2010-11, if person get salary 189600.00 after deduction of Profession tax and his investment 11000/- in LIC for whole year how many TDS deduct from his salary Pls reply i am waiting for Answer.
What is the theory for the balance sheet? Also how do you solve errors?
If we were to call your current supervisor, in which area of accounting would he or she say is your strongest? Which area would he or she say is your weakest?
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
who is called consignee
What is the meaning of Debt reconciliation and how to do debt reconciliation?
what is demeterilization
"since the calculation of depreciation is based on estimate,notfacts,why bother to make the calculation?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
Dear Sir, i am working automobiles manufacturing company. pls tell me following under head in tally 9.00:- Type of A/c= ledger under creat Sales = Sales Account Purchases= Purchase Account Excise Duty on Sales=???? Education & she=??? Cenvat on Purchase=??? HVat=???? CST=??? Excise P.L.A.=????? TDS=????? WCT=???
What is the Difference between Proviso & Provision
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????