Answer Posted / abdul kadir
The term 'gain' is used when benefit is acquired from purchase-sale activity whereas the term 'income'is used when benefit is acquired through any means
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
Why are accounting standards necessary?
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
What is project implementation?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
Difference between depreciation according to cost principle and matching principle
Why company issue shares at discount as its a loss ?
Define trade bills?
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
SHADOW BALANCE SHEET
A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.
Tell me in accounting, vat abbreviates what?
How many accounting standards are currently published?
Explain me what do you think is bank reconciliation statement?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?