Answer Posted / thorats167@gmail.com

acrrual means recording the revenue or expenses for the period in which they are earned or incurred irrespective of whether cash transfer has taken place or not.
Earned= right to receive is established....
Incurred= obligation to pay is established...

How much statistics knowledge is necessary or required in accounting?

1458

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What are the reasons which cause pass book of the bank and your bank book not tally?

1042

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Explain an example of a tough decision you had to make quickly?

1087

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In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.

2481

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What are the various systems of accounting? Explain them.

1036

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difition of reserve & surplus

2372

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Tell me what are the three factors that can affect your cash flow and business profitability?

1092

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Differentiate between consignor and consignee?

1211

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How to pass the entry in tally for demolished of building?

2687

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how to calculate basic to gross salary

2205

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What are the important things to be remembered while preparing a bank reconciliation statement?

1154

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What is accounting normalization?

1142

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1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...

6095

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record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.

3613

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How much mathematics knowledge is necessary or required in accounting?

1081

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