If you are making a transaction of Cash Purchase on 30th
March and your accounting period ends on 31st March. Does it
affect the Current Asset of the Company?
Answer Posted / veeranna
yes, it will effect the current asset of the company.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
Why we reconcile our debtors? what steps we taken during reconciliation.
What are Corporate Action?
Define the word Profit in terms of business
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
What is the Purpose of Preparing Bank Reconciliation Statement?
what is joint venture?
Define The Term Journal And Explain The Present Day Use?
how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai
about tally erp9
Expand DPCO
what is participation right is it a debt? or not?
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
Difference between nonoperating expentiture and non cash expenditure
What is Home Loan Modification?