what is accrual basis of accounting?explain in detail?
Answer Posted / baig
The profit arises only when there is an increase in owners capital, which is a result of excess of revenue over expenses and loss.
Is This Answer Correct ? | 1 Yes | 15 No |
Post New Answer View All Answers
In accounting, how do you define the premises?
What are the nine accounting cycles?
What is mutual fund sub accounting?
can any one send me tally professional version link
HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB
Tell me how you can adjust entries into account?
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.
Where do we create House banks and what is the process in sap fico
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
Tell me in accounting, vat abbreviates what?
Explain me where a cash discount should be recorded in journal entry?
What are depreciation and amortization?
Explain have you ever heard about tds, what it is?
What is deferred account?