Interested to Buy Any Domain ? << Click Here >> for more details...
what are the characteristics of financial accounting
- 5 Answers
- 33552 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / aman
characterstics of financial a/cin are-
1- to know the financial position of the copmany.
2- transaction recorded in cronological order.
| Is This Answer Correct ? | 22 Yes | 6 No |
Post New Answer View All Answers
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
Short Answer on ___________Appreciation
how to mention last year profit of ay private limited company in current year balance sheet ?
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
In case of new admission of partner what will be the adjustment for the sharing ratios
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
MMT and MID payment how post in tally
What is T+2 rolli g settlement cycle?
If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not
what is the difference between speculation & investment?
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
