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 accounting concept? explian in brief?

Answer Posted / shravan

Accounting concepts are the base for accounting system as per accounting concepts we record the books of accounts
these are;
1.going concern concept.
2.dual account concept.
3. business entity.
4.separate account.
5.matching concept.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the functions of manger -accounts and manager-finance? Explain in detail

1081


M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

1853


What is mis report , how to prepare mis report for general ledger?

1529


What is band and why the company needs this?

2038


what is the difference b/w gain and profit?

1952


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

3304


Why TDS not Deducted on Service tax amount of Rent.

2230


What is fair value accounting?

1094


What is absorption costing with defination? and what is marginal costin with defination?

3050


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

2130


what is the manual procedure for accounting

1901


Do you use social media to identify prospects?

1155


say something about your school

3125


SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST

2048


Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?

1958