what is the different between going concern and accruals
concept
Answer / sricharan babu m
I think both are different terminolagies,
Going Concern means; the compny will not go for liquidation
with in one year. the company financial position is good.
Accrual concept; it ralates to which type of accounting
method we are following,whether accrual or Cash basis. In
accrual concept company has to account all transactions
which are due or accrued in the current period.
Is This Answer Correct ? | 6 Yes | 7 No |
what are the characteristics of financial accounting
Expand F I E
IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT INSTEAD OF PROFIT OR LOSS ACCOUNT ?
Discount or expenses on issue of shares or debentures is an example of..
what is fraud check?
those who finished +2 accounts groups please give me +1 and +2 accounts books if any one have please mail me rbharath1978@gmail.com i need it urgent please help me
what is Capital WIP?
expand H R A
can a company libale to pay provident fund on employee's overtime ?
Expand-------NAST
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?