what is fundamentals of accounting ?

Answer Posted / sukirti

only cash transaction are recorded.
dual entry is done.
one year a/c's are prepared.
B/S is prepared once's in year end.

Is This Answer Correct ?    60 Yes 38 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

1765


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2002


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2280


what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1460


EXPAND_________SEC

1796






what is the scenario of multi-org setup?

1703


What is the difference between income statement & Profit&loss A/c?

1485


What is finance lease

1753


Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.

1594


what is corporate accounting?

1567


Interest earned on investments is an__________

1710


company accounts introduction?

2222


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

1520


What is written off?

1669


What is the Accounts Payable & Accounts Receivable ?

1726