what is accrual prepayment?
Define capital A/c &revenue.
Define golden rules.
meaning of share capital and its entries
- 1 Answers
- 5087 Views
- e Serve, I also Faced
- E-Mail Answers
Answer Posted / christopher
Accrual prepayment is also called as prepaid expense.
the expenditure incurred for acquiring a fixed asset or
which result increase the earning capacity of the business
is known as capital expenditure.
The expenditure incurred in course of regular business
transaction of the concern availed during the same
accounting year is known as revenue expenditure.
personnel Debit the receiver
credit the giver
real Debit what comes in
Credit what goes out
Nominal Debit all expenses and losses
Credit all incomes and gains
the shares of the company is hold by the customer is called
share capital
sharecapital a/c
to bank a/c
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
Who will be called as consignee
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
What is invoice accounting rules?
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
what is the difference between f.f.s and c.f.s?
Explain why retained earnings have an opportunity cost associated?
Expand BFSI
what is buy bach shares?
Explain Cash Basis of accounting
What is the relationship between, issued share capital, share premium and paid up capital?
Explain the word Liquidation
Expand---------ODMT
What is Merchandising Accounting process
