Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Give simple definition on Dual Entity Concept

Answer Posted / satyaki_raju@yahoo.com

The claims against the assets of the business unit are by
the creditors and owners.Therefore the total assets of a
business are equal to total liabilities at any time

Is This Answer Correct ?    6 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

company's total overhead expense is containing which are the expenses? Definition of overhead expense.

1974


What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2417


A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in

1930


what did you mean by cash credit limit account ?

2682


what is status report? and flow report?

2020


what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??

1956


What are the things are not Included in Annual Reports?

2015


You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

3327


What exactly is derivatives segment. can u explain futures and options with examples...

2587


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

2213


A----------involves transfer of money or moneys worth from one person to another

1868


Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?

2167


honararium for the month of march 2013 can be paid on 31 mar 2013

2092


What is payment/receipt/period accruals?

1675


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

2091