Answer Posted / a sravan
RECIVABLES MEANS ,IT IS CURRENT ASSERTS OR OUTSTANDING
INCOME.
PAYABLES MEANS ,IT CURRENT LIABLETY OR OUTSTANDING PAYMENT.
| Is This Answer Correct ? | 17 Yes | 2 No |
Post New Answer View All Answers
EXPLAIN EACH SECTION PROVISIONS ON TDS?
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
What does the standard journal entry includes?
Tell me did you use accounting applications at your previous companies or prefer working manually?
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
Explain what is account receivable?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
Definition of push down accounting
non cash or bank income or expense
What is the Technology used to carry out trades? Pls Tell me as early as possible.
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
Explain different branches of accounting?
What do you know about this position?
