swati kumari pattnaik


{ City } berhampur
< Country > india
* Profession *
User No # 28840
Total Questions Posted # 4
Total Answers Posted # 2

Total Answers Posted for My Questions # 54
Total Views for My Questions # 55443

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Questions / { swati kumari pattnaik }
Questions Answers Category Views Company eMail

what is depreciation ?

Genpact,

7 Accounting AllOther 7219

What are the methods of Depriciation ?

ADP, Genpact,

11 Accounting AllOther 13555

what is an intengible Assets ? 1. cash 2. building 3. goodwill 4. stock.

Genpact,

21 Accounting AllOther 18153

The opening Capital of a concern is Rs.30000/- owner withdral for personal use Rs.28000/- Closing capital balance of concern is Rs.37000/- choose the correct answer from the following. 1.Net Loss Rs.14000/- 2.Net Profit Rs.35000/- 3.Net profit Rs.14000/- 4.Net Loss Rs.35000/-

Genpact,

15 Accounting AllOther 16516



Answers / { swati kumari pattnaik }

Question { Syntel, 297008 }

What are accounting Principles?


Answer

Accounting principles are classified into two categories.

Accounting concepts and conventions.

Accounting concepts
1.Accounting Period Concept.
2.Business entity.
3.Cost Concept.
4.Dual Aspect.
5.Accrual Concept.
6.Going Concern Concept.
7.Money Measurement Concept.
8.Matching Concept.
9.Realization Concept.

Conventions
1.consistency.
2.full disclosure.
3.materiality.
4.conservatism.

Is This Answer Correct ?    26 Yes 11 No

Question { Genpact, 16516 }

The opening Capital of a concern is Rs.30000/-
owner withdral for personal use Rs.28000/-
Closing capital balance of concern is Rs.37000/-
choose the correct answer from the following.

1.Net Loss Rs.14000/-
2.Net Profit Rs.35000/-
3.Net profit Rs.14000/-
4.Net Loss Rs.35000/-


Answer

3.Net Profit Rs.35000/-

Is This Answer Correct ?    19 Yes 1 No