Answer / vivek sapra

Mercantile System of Accounting is also Known as Accrual
System of Accounting where all the transactions are
recorded irrespective of period of Amount recived or paid.

In-other words it is a system of Accounting where amount
paid or payable is recorded. Presently every company is
following this.

Chq of Rs- 50000 recived from sunil Traders

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Expand A D T A

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if our balance sheet will not matching so what i do ?

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Short Answer on ______Management Accounting

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I am going to attend an interview for the post of Sr. Accounts Officer in airport authority of india,pls help me to prepare for the interview

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sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest

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What are rules of double entry system ?

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