Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / anamika kasyap
recording of transaction doest not mean recording of
qualitative or quantitative feature of these elements. only
monetary value of purchases sales are recorded and not
quantities. here, assets and liabilities are shown at their
respective money values . this is known as money measurement
concept .
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
fiscal year variant Vs posting period variant
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
A----------involves transfer of money or moneys worth from one person to another
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
What are Mortgage Payment Problems?
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
Being BE student why you want to join bank?
what is Journal Entries?
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
HOW TO MAINTAIN BANK A/C
what is tds rate of WCT applay for sale tax ragistard company.
Expand---------NPTO
Short Answer on _________Accounts Receivable
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
