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Un-Answered Questions { Accounting General }

What is the purpose of a balance sheet?

1258


What are the 5 basic accounting principles?

987


What is the formula for acid test ratio in accounting?

994


What is the objective of the balance sheet?

1098


What is the marginal cost formula?

1082


What are the activities that are included in the cash flow statement?

958


What is tally accounting?

1081


Have you ever heard about tds, what it is?

1046


What is an over accrual?

1021


What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

1139


By saying, perpetual or periodic inventory system; what do we mean?

1122


In which account does the unpresented cheque will get recorded?

1085


List out some of the accrued expenses and the accounts in which you would record them?

936


Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1035


What a deferred asset is and give an example?

1005