Whats the difference between accounting concepts and
conventions?
Answer / srikanth
accounting concepts are the terms which are commonly used in
accounting and they are defined in accounting standards
whereas the accounting conventions are not defined in the
accounting standards and they are assumed to be followed in
the preparation of final statements of accounts.
| Is This Answer Correct ? | 40 Yes | 17 No |
is outstanding items (either expences or incomes) comes in trial balance? if so how to treat them in financial statements
While processimg for vendor outgoing payments in f-53 i am getting error massage i.e.exchange rate difference incomplete in vendor g/l account and allowing me to clear the payment,how can i rectify this one,plz guide me?
What is the expanded accounting equation
fill in the Blanks The minimum amount of remuneration allowable to the working partners is___________
Amounts earned by a business organisations are called _____
EXPAND_________SCB
what is journal?
what is the need of creation of cost centre in a company ?
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
"while Financial accounting is external, cost accouting is internal to the business" Explain?
what is working capital in what way it is useful for company or orgainzation
what is bonds