Is all receives are income or all income are receives.and
which is the receive that is not income.
Answer Posted / rakesh verma
All the receives are not income it may be against old dues,
advances etc. and all the income are not receives also some
income like accrued interest is a income but would be
received later.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,
What is an Automatic Payment Program ?
sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
Define executive accounting?
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
How is an accounting department structured?
Do you know what is double-entry accounting? Explain with an example?
What do you mean by material facts in accounting?
Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help
a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do
Tell me what is the abbreviation for the accounting terms debit and credit?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated