Answer Posted / syed
Business entity concept is one of the type of accounting
concepts followed by the accountants in india while
preparing the financial statements. Generally business is
ongoing and continous process. Business is different from
the entity for evauluating the financial position of the
business.
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
What are Corporate Action?
Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?
What is COVER payment?
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
What is Direct Debit
In what cases can Convertible bonds be considerred as derivatives?
What are the major responsibility's of an accountant? what are the qualities he /she requires?
what is meant by virus
What exactly balance sheet depicts
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?