1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

under the modified cash basis of accounting, most revenues
and expenses are recognized on the cash basis. Which one of
the following items is an EXCEPTION to this accounting practice?
a.Advertising
b.Professional Fees.
c.Supplies
d.Rent

Question Posted / ndgiri

No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

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.

0 Answers   Accounting,

give 3 reasons why capital is referred to as a special liability

0 Answers   KCA University,

What is the accounting entries for future dated payment method

3 Answers   Accenture,

what is BRS and how it is prepared in BPO sector?? Please answer fast.....

5 Answers   EXL, FIS, Genpact, Riscure,

Difference Between Revenue & Capital Expenditure Give an Example of each ?

3 Answers   EDS,




What are the expenses comes uner direct exp

5 Answers  

What is the meaing of holding Holding company?Give one example?

3 Answers   Capital IQ,

what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?

0 Answers   IBM,

whois invitied a accounts

1 Answers  

In accounting, vat abbreviates what?

0 Answers  

What is the present Central sales tax rate in India? Also let me know the maxium and minium sales tax rate in India. If the VAT rate changed of any state what will be the impact of CST.

3 Answers  

what is the entry of tds when rent received for debtors ?

5 Answers  

For more Accounting General Interview Questions Click Here
Categories