What is the full form of GAAP?

Answer Posted / s.r.suganthi

Generally Accepted Accounting Principles

Is This Answer Correct ?    12 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define fair value accounting?

630


Plz Ask from me New Accounting Questions.

1464


Explain which accounting application you prefer most and why?

583


Tell me in balance sheet, where do you show tds?

598


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

2883






Into which account do we close the revaluation account balance during the winding up of a company?

1495


Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?

565


Which accounting application you prefer most and why?

689


Cash Processing

1970


If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

948


What is an accounting loss?

635


What is a trial balance in accounting?

662


What is band and why the company needs this?

1564


Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

1536


Define overhead in terms of accounting?

620