What is periodicity concept
- 2 Answers
- 5426 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / srinivas siripuram
Financial transactions are maintained on a periodic basis.
We measure the assets, liabilities, and owner's equity at a
given point in time, which is usually done at least on an
annual basis. To do this income needs to be measured during
the intermittent period.
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / kriza
Financial transactions are maintained on a periodic basis.
We measure the assets, liabilities, and owner's equity at a
given point in time, which is usually done at least on an
annual basis. To do this income needs to be measured during
the intermittent period.
| Is This Answer Correct ? | 0 Yes | 0 No |
barwaha
wat is contra Entry
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
Is form C applicable on sale of SHIS License?
Expand B L
When oustanding expense is give in the TB and corresponding expense is not then how will we the same? Eg.: Outstaning salary 100 given in the TB and salary for the month is not there to add oustanding with the same. In this situation how will we treat the same. Only in profit & loss account or in balance sheet or both or?
• Where does closing stock appears in the trial balance?
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
WHAT IS PERSONAL ACCOUNT
Difference between Income & Expenditure A/c AND P/L a/c.
6 Answers HCL, Radico Khaitan, Siemens,
what is actual meaning of Tax Deduction at source
What are the main Reconciling entries in Bank Reconciliation?
Audit 
