Answer Posted / rahulkumar
it is an expenditure incurred in the one accounting period
and the benefit is not consumed in the same accounting
period
for ex land and buildings plant and machinery
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is fitting and fixtures?
I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?
how to prost entry for purchases with a bill
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
Explain some of the accrued expenses and the accounts in which you would record them?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
What is budget variance analysis?
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
what is an ideal organisation
under which accounting rule prepaid salary?
What is difference between Cash Flow and fund flow
What is meant by daily accrual and booking?
What is the use of form D in sale tax
Please advise how to calculate net asset....