Answer Posted / harsha
due means the amount yet to be paid for the goods
purchased or service rendered.
Gradually this all are supported by invoces or any other
documents. Accrauls are short term liabilities(such as
interest,tax,utility charges,but not supported by invoice
or a written demand for Payment.while preparing finacial
statement for that accounting period,such liabities are are
estimated on the basis of experience(based on previous
payments)similarly increase in asset of the firm which may
coninaully occur is not taken in to account in order to
comply with accrual basis accounting rule
| Is This Answer Correct ? | 11 Yes | 6 No |
Post New Answer View All Answers
what is Exposure ?
What is a bad credit score?
i want know how to calculate it in payroll please mail me the percentages using there ?
With a 600 credit score, how to improve my credit rating score?
What is money measurement concept
what is the reason for balance sheet not getting tallyed
EXPAND______________ICC
When is a dedit note raised When is an expense booked
Expand---------NMOP
Expand---------PCDB
What is Compliance?
what are responsibilities of an accountant in a company?
what are micro-cap, small-cap, mid-cap, large-cap companies?
how will i develop my fears in interviewd?
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in