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Un-Answered Questions { Accounting General }

What is the purpose of a balance sheet?

1325


What are the 5 basic accounting principles?

1035


What is the formula for acid test ratio in accounting?

1041


What is the objective of the balance sheet?

1180


What is the marginal cost formula?

1132


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

1012


What is tally accounting?

1143


Have you ever heard about tds, what it is?

1090


What is an over accrual?

1079


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

1190


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

1186


In which account does the unpresented cheque will get recorded?

1128


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

980


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

1080


What a deferred asset is and give an example?

1045