Answer Posted / srinivas chowdary
Transaction is an event that changes the organisations
financial position and/or it's earnings.
exp1:when an amount of rs 5000 is deposited in xyz bank
then the cash balance reduces ,bank balance increases
exp2: in the same way when some body sold some stock for cash
then the stock reduces and cash increases.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is dieerence between capital cpapital structure
Who is called consignor
Short Answer on _________Commerce
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
while i creating a main asset master there is a error called process being terminated? pls send the solution
what is meant by cash purchase?
.,can someone tell me how to compute the subscribed capital share?
last date of tds deposit yearly,tds proforma challan
you went outside to purchase vegetagles, suddently big rain came then what you will do
joint venture?
what are the importance accounting entries for AP and AR process in interview..
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
Can you explain about the distinction of Book-Keeping and Accounting
What is difference between cash flow and funds flow?
what can increase gearing?