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
what is general accounting
What is fitting and fixtures?
Did you use accounting applications at your previous companies or prefer working manually??
Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
Tell me about an invoice discrepancy you discovered and how you resolved it
what is penaultimate sale
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
Is it compulsary to give TOEFL for applying US visa.
Tell me about a situation where you showed determination?
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details
what is the method deposit of wct in Delhi
Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored