Answer Posted / jagadish reddy
this concept says that"business entity is a
separate identity apart from its owner.
business transactions are recorded in
business accounts & his personal
transactions are recorded in his personal
book of accounts.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
EXPAND___________INMA
Provision of Bad Debts is made in compliance with the convention of -----------
Define control account Thanks
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
what is pre post expenses
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
what is the good prasentation on interview
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
Expand RMP
what is your achievements?
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
difference between vat 47 & vat 49
What is combination?
what is payment method?How many payment method we can assign to company code.
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE