basic rules in accounting
Answer Posted / sunny
They are those basic principles and conventions of
preparing an accounting statements and in recongnition of
certain transactions in the accounts and their
treatments.Eg, The Double entry principle which states
that, for every debit entry, there must be a corresponding
credit entry in order that the account can balance.
| Is This Answer Correct ? | 37 Yes | 13 No |
Post New Answer View All Answers
Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
what would you contribute for bhels growth
is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing
what is operational risk and market risk in basel 2 norms.
Expand-------ATBN
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
Expand---------OST
what is controlership?
Is interest of a business unit Operating Expense or Non Operating Expense