1.WHAT IS BRS?
2.WHY DO WE PREPARE BALANCE SHEET?
3.WHAT IS TRIAL BALANCE?
4.WHAT IS VENTURE CAPITAL?
5. WHAT IS DEFFERED REVENUE EXPENDITURE?
- 2 Answers
- 6786 Views
- Engineering, FactSet Systems, I also Faced
- E-Mail Answers
Answer Posted / manish yadav
1. BRS IS A STATEMENT PREPARE ON A PARTICULAR DAY TO KNOW
THE CORRECTNESS OF CASH BOOK WITH THE BANK STATEMENT. MEANS
WHETHER ALL THE TRANSACTION IN CASH BOOK IS ACCORDING TO
BANK STATEMENT OR NOT. IF YES, THEN FIND OUT THE REASON.
2. BALANCE SHEET IS PREPARED AT THE END OF THE ACCOUNTING
YEAR TO KNOW THE FINANCIAL POSITION OF THE BUSINESS.
3. ALL THE ERRORS WHICH OCCURS IN PREPARATION OF LEDGER CAN
BE FIND OUT WITH THE HELP OF TRIAL BALANCE.
4. VENTURE CAPITAL IS BASICALLY THE FUND PROVIDED BY THE
INVESTOR FOR START UP THE BUSINESS.
5. ALL THOSE EXPENSES, THE BENEFIT OF WHICH WILL BE ENJOY
IN FUTURE IS CALLED DEFERRED REVENUE EXPENDITURE. LIKE:
ADVERTISEMENT EXP. AND SHOWN IN ASSETS SIDE OF THE BALANCE
SHEET.
| Is This Answer Correct ? | 14 Yes | 0 No |
Post New Answer View All Answers
we had company we provide work others they deducted tds how to pass entries in my company please tell me
Explain what is double-entry accounting? Explain with an example?
on the basis accounting,acounting is divided in to how many classes and what are they?
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
Pass the journal entry: rent outstanding
What is the Technology used to carry out trades? Pls Tell me as early as possible.
How do you classify errors in accounting?
How many types of business transactions are there in accounting?
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
How is an accounting department structured?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
What is tds and how it is calculated?
What is the definition of offset accounting?
