Interested to Buy Any Domain ? << Click Here >> for more details...
list out the accounting concepts and explain the accural
concept
- 10 Answers
- 47339 Views
- Capital IQ, College School Exams Tests, SNE, I also Faced
- E-Mail Answers
Answer Posted / amankwa daniel
going concern concept
is an accounting concept which is asumed that ones a
business is establishe it will continous to opreate over a
long period of time.
accrual concept
is asumed that net profit is the defferent of the revenue
and the expenditure incured.
entity concept
is assumed that the business ownes must be sepreated from
the businss.
money measurement concept
is asumed that every worth of event should be in a monetary
must be recorderd
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
what is your achievements?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
genpact uk based shift timings? and R2R job profile?
What is the working formula for Inventory turnover
please explain the uses of internate protocol address(ip add)?
i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
When we are raised a interstate invoice then which type invoice we are raised
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?
give me only one transactions in both side (debit&credit) should be in real accounts
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz
i have need full detail of tds rules and forms submitted dovetails
What is the Purpose of Preparing Bank Reconciliation Statement?
