Answer Posted / priyank kaushik

Financial Accounting- The purpose of it to provide the
information needed for economic decision making. The main
purpose is to prepare the financial reports that provide
information to investors, creditors, tax authorities. It is
performed on the general accepted accounting principle
(GAAP).

Cost Accounting:- It is that part of management accounting
which establishes budget and actual cost of operations,
processes, departments or product and the analysis of
variances, profitability or social use of funds. And as a
form of management accounting, it need not follow general
accepted accounting principles. It is the process of
identifying & evaluating production costs

What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

2360

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what are the difference between banking institutions and financial institutions?

2215

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What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry

2161

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intorduse your self ? what to say if iam fresher.

2641

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what are responsibilities of an accountant in a company?

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How to raise my credit score if I have 500 credit score?

2075

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deffered tax treatment in financial statements

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What is dematerialisation and its benefits?

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Purchase book is a ----------journal

2305

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plz tell me short cut method in maths for clerck post in bank

2121

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how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.

1995

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What is Analysing

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How and by whom the Percentage of Depreciation is fixing?

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Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

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What are the general Ledgers?

2016

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