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...


Why should we have three Accounting Principles(personal,
real & nominal) instead of one



Why should we have three Accounting Principles(personal, real & nominal) instead of one..

Answer / prasad deshmukh

for identification of expenditure & asset. Which can be
useful for benchmarking. Its necessary to classified all
accounts in real, personal & nominal a/c.

Is This Answer Correct ?    9 Yes 1 No

Post New Answer

More Audit Interview Questions

who is the auditor and his deautis

0 Answers  


How do i know wheather Tds deducated from Inv.or Not?(eg.If someone printing a banner for our office for Advertisement & he issue a Tax Invoice for the same. If Tds is deducted - then why & if tds is not deducted then why

3 Answers   ABC, Infoline, spykar, SVS,


1)how will you check the expenses?

12 Answers   Airtel, Pantaloon,


How do you manage risk ?

1 Answers   Ernst Young,


Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 261964.00)on 22/12/09 ,the vecle lease for 4 years and made intial paymenent as Rs.25000 &the monthly leasing amount Rs.59806.00,pls let me know the double entries for this finacial year (with figers)

1 Answers   Fidelity,


Should the duty of creating a purchase order be segregated from the duty of creating a vendor?

0 Answers   FirstEnergy,


Why should we have three Accounting Principles(personal, real & nominal) instead of one

1 Answers  


what do you mean acculmated depreciation?

14 Answers   Deloitte,


A Pvt Company take Unsecured Loan from Partnership Firm .What are the Auditor's reporting requirement under CARO U/S 227(4A)?

3 Answers  


please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U

0 Answers  


How do you audit derivatives?

1 Answers  


THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT

0 Answers  


Categories