All Business transactions are not Accounting transactions.
Do you agree
- 2 Answers
- 3864 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ajit khaware
Only those transactions can be accounting transaction which
evolves monetary term. hence all business transactions are
not accounting transactions
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / g. gayathri manikandan
All the Business transactions is a accounting transactions.
For Eg. If a visitors came to our concern what ever the
expenses met by the concern like biscuits and others are
finaly entered by the accountant.
| Is This Answer Correct ? | 1 Yes | 0 No |
how many accounting standards in india
you purchase a machinary on a loan what is the joury entry for that and where will you show the the loan amount in balance sheet and show the ledger account?
A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop purpose.Pass necessary entry
EXPAND_______________TOT
what is a contra entry how it is passed in journal and cashbook
what is leverage n detail and tpoes of leverage with iagram?
what can increase gearing?
Pass remuneration for annum to working partners as 5000,7500 and 10000 per month to A,B and C
Cheque Cancillation Memo
expand S I D B I
Which one of these two (SAAP & GAAP ) software you prefer to use and why?
journal entry for drawings?
Audit 
