Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what are concepts and conventions of accounting

Answer Posted / husna

The process of converting the financial transactions into
financial statements is ruled by principles called
accounting concepts and conventions:
• Business Entity Concept
• Dual Aspect Concept
• Accrual Concept
• Money Measurement Concept
• Matching Concept
• Conservative Convention

Is This Answer Correct ?    142 Yes 42 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to do finalisation account ,pls tell me step by step ?

2538


What will be entry pass in tally if TDS paid by Credit Card.?

2065


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3472


which is the combine entry in ERP?

2263


Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

2019


What is the due date for filing monthly & annual sales tax returns in karanataka

3774


What are the general Ledgers?

1944


what is Ratio Analysis ?

2330


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

2285


What part can management policy play in the analysis of cost behaviour?

2060


You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

2100


What goals do you have in your career

2383


what are the differences between Tally and Focus?

7923


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

2051


We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

2105