what is accounting standard?
Answer Posted / raj bhattacharya
Accounting standards are written policy document issued by
expert accounting body or by government or other regulatory
body covering the aspect of
recognition,treatment,measurement,presentation and
disc;osure of accounting transaction and events in the
financial statements.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is budgetory control and what are the types
what is controlership?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
with out college degree con't we dc accounting job?
i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.
what is mba tell me the more benefits in mba
what happens to each of the three primary financial statements when gross margin decreases?
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
Expand--------CMTS
Meaning of portfolio management?
Expand-------NAST
shares journal entries
What is the procedure to become charted accountant in India now. Please answer this is urgent
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry