Answer Posted / srilatha
BOOKEPING IS AN ACTIVITY PERFORMED BY THE ORGANISATIONS TO
RECORD THE DAY TO DAY TRANSACTIONS OF THE GOING CONCERN.
ACCORDING TO THE GOING CONCERN CONCEPT WE HAVE TO RECORD
EACH AND EVERY TRANCATION IN DUE COURSE.
ACCORDING TO THE DUEL ASPECT CONCEPT FOR EVERY DEBIT
THERE SHOULD BE ANY EQUAL CREDIT.
IN BOOKEEPING YOU WILL RECORD BY TRANSCATION BY
MAINTAINING DIFFERENT BOOKS.
EXAMPLE:- CASH BOOK, PASS BOOK, SALES REGISTER,PURCHASE
REGISTERETC.
| Is This Answer Correct ? | 9 Yes | 3 No |
Post New Answer View All Answers
Short answer on Allowances
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
Explain valuation methods of Normal and Abnormal loss
what are the rules and regulations of junior accountant
what happens to each of the three primary financial statements when gross margin decreases?
all of interview question about coop bank of oromia
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
How to increase our credit rating score quickly?
how many types of practice accounts?
how there face in lvbank interview
What is Provision for expenses?
DEfine SAP
how can i make configration relation with inflation in sap
what is contigent liabilities? whats it status in balance sheet?
