Interested to Buy Any Domain ? << Click Here >> for more details...
what are the diffrances between rules of accounting &
principal of account?
- 2 Answers
- 4939 Views
- I also Faced
- E-Mail Answers
Answer Posted / ranjan gupta
Rules of Accounting determine the methods of maintaining
accounting records based on accounting principles i.e. Debit
the receiver and credit the giver,Debit what comes in &
credit what goes out,debit Asset & credit Liabilities.
Fundamentals of Accounts are integral to accounts maintenance.
Whereas "Principal of Account" is person or person's
authorised by the business entity in terms of their policy
of Accounting to be followed.
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
get fixed assets items
what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716
Explain the meaning of long-term notes payable is or long term liabilities?
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
what is bank aceleted?
our cheque to Arshad Khan was dishonored?
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
credit card expenses entry kisme pass karenge
WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?
Is push down accounting accepted under generally accepted accounting standards?
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
What is fractional code and how can i get a fractional code for a particular account?
what is capital reserve
