Interested to Buy Any Domain ? << Click Here >> for more details...
what is accrual basis of accounting?explain in detail?
- 5 Answers
- 22291 Views
- Deloitte, Northern Trust, I also Faced
- E-Mail Answers
Answer Posted / simran fukela
Accrual basis mean the income earned and expense incurred of this year is recorded in this year whether money paid and receipt in any financial year.
For example: rent charges of Rs. 10000 incurred in the month of march 2015. But Payment of expenditure is made on April 2016 but expenditure shall be recorded in march 2015
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is meant by balancing?
Accounting for vc money in financials
how to calculate vat,pf,esi,service tax in corporate firm
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
i want to wearies heads under direct expenses and indirect expenses
Explain what is ledger?
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
Tell me what are the activities that includes in cash flow statement?
what is profit maximisation
what are your current financial and accounting projects? What is your role?
what is your opinion regarding T.V shows on youth
Why we debit expenses and credit incomes ?
Expand ctc cheque?
