Answer Posted / shreeram

The matching concept is based on the accounting period
concept. According to this concept , a Business in order to
achieve it prime objectives of profit maximization should
always maintain a match between the costs(expenses) and
revenues within the accounting period

in simple words the expenses always match
with revenues

Is an "account receivable" and "goodwill" real accounts in accounting?

983

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MEANING OF RED HERRITING

2602

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How to create a liability for Service Tax in SAP

2847

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April-25 Paid to Mr. Y in full Settlement by Cheque Rs. 4800. April-26 Received a cheque from Mr. B in full settlement Rs. 4900.

3407

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1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-

1865

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as  per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

2541

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Explain what qualities and skills make an account manager successful?

1120

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while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

3335

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what is t code of journal voucher report with amount?

2231

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What is project implementation?

1066

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what are voucher entries for EPF treatment in tally

2157

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During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1669

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What is the difference between lc and bg(letter of credit

1961

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journal entry for goods withdrawn for personal use

2259

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Explain me scrap value in accounting?

1134

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