what is accural

Answer Posted / gouthami

the trader may earn the income by rendering some services
but income was not realised in money but definetly realise
in future.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings

3814


Plz Ask from me New Accounting Questions.

1466


When Tds is applicable to deduct and wht is rate for different work panel?

1484


WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?

1590


Does anybody know anything about BirlaSoft? I got a job offer, they sent me a contract to sign and return, but thank God they didn't ask for any money! But, they said they would send me a check in the mail. And as my first "task" I would have to use that check to order a bunch of accounting software, and I would need to purchase this software ONLY from the vendors that THEY provide. Is this a scam to just get money? I'm wondering if they "own" the vendor they "work" with and launder money that way. I asked the person who was getting my information, as far as my name and address to send the check to, Why would I have to buy software to install in my home computer anyway? Couldn't they just send me a link for the software to download? I'm afraid of the check being fake. Because, if I deposit the check into my checking account and it turns out to be fake, then I'll owe the bank all that money! Hope to hear from someone soon. Thanks.

2925






Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

1541


Define the term material facts in accounting?

777


Explain me where a cash discount should be recorded in journal entry?

3488


How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)

1484


Do you have any professional experience in this field?

642


Where do we create House banks and what is the process in sap fico

971


Tell me deferred taxation is a part of which equity?

578


Can you name any other accounting application?

731


What Is Responsibility Accounting?

732


Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

1718