Answer Posted / ashish negi
Matching concept is the accounting principle that required
identification and recording of expenses associated with
revenue earned and recognized during the same accounting year.
It follows, therefore, that when expenses in a period are
matched with the revenues generated for the same period, the
result is the net income or loss for that period.
Is This Answer Correct ? | 13 Yes | 0 No |
Post New Answer View All Answers
What is the use of form D in sale tax
Where should tds received should show in balance sheet?
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
what is a state cheque? how it differes from stale cheque?
what is the entry for toll gate fee
What are the major components of country's trade account?
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
what is debit balance report in SAP?. how do you describe DB report in brief.
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
what are the different methods of teaching share and debenture to pre degree students
what is a difference between public and private accounting?
What is accounts receivable?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.