Answer Posted / samreen

These are the mistakes which to be happen while
accounting,hence the method of correcting the mistakes is
called as "Rectification of Errors"

Types of Errors:
1.Error of principels
2.Error of commossion
3.Error of omission
4.Error of casting
6.Error of posting
7.clerical errors
8.compensating errors

What are the nine accounting cycles?

1068

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Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

2158

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rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

2076

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Explain me by saying, perpetual or periodic inventory system; what do we mean?

1090

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What is tally accounting?

1075

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What are the three factors that can affect your cash flow and business profitability?

964

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In South Africa, the value added tax is administered by?

1608

---

director wife expenses which entry

1942

---

kindly send the TDS tariff on Security expenses, rents, transport charges etc.,

1982

---

what are voucher entries for EPF treatment in tally

2073

---

What is meant by calendar maintenance?

1100

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i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?

1903

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Do you possess any knowledge about accounting standards?

1020

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swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000

1782

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under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

2067

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