Answer Posted / srinivas siripuram
Financial transactions are maintained on a periodic basis.
We measure the assets, liabilities, and owner's equity at a
given point in time, which is usually done at least on an
annual basis. To do this income needs to be measured during
the intermittent period.
| Is This Answer Correct ? | 7 Yes | 3 No |
Post New Answer View All Answers
cash sales and credit sales both are asset or liability?
how standard costing techniques are applied in manufacturing sectors
What are the benefits ofparticipation in a depository?
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
what is capital market and money market? what is primary market and secondary market?
what are the type of cash flows?
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
explain the difference between LIFO and FIFO?
when calculating for np% do i include interest or do i take it off
what do you meant auction? what is F & o segment?
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
What is Insider Trading ?
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
