book keeping is the art of recording------in the books of
accounts
Answer Posted / vadeendra
monetary transactions of business.
Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
Explain have you ever heard about tds, what it is?
What is bond ? What is capital market?
Tell us what do you believe should be an important quality of an account executive?
What does overhead mean in regards to accounting?
Explain which accounting application you prefer most and why?
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
Explain what is gaap?
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
Did you use accounting applications at your previous companies or prefer working manually??
our cheque to Arshad Khan was dishonored?
What do you mean by material facts in accounting?
How to prepare finalization accounts?
What is difference between Cash Flow and fund flow
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?