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...

What is Accrual?

Answer Posted / arun kumar

Accrual means recording the transactions as soon as
trasactions happens (sales or purchases)
In where amount will be received or paid in future dates.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

objective of accounting

2024


What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times

2524


I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1476


what is transposition-cum-demat?

2505


Example for extra ordinary expenditure?

2691


EXPAND___________IMF

2170


How are fund-raising and publicity and management and administration costs apportioned over funds?

1906


Who to create a budget on software company

2197


what is the scenario of multi-org setup?

2362


What's the meaning of Preferential Creditor?

2181


How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

2181


What part can management policy play in the analysis of cost behaviour?

2060


whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2326


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1707


In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

2703