Answer Posted / anupama
realization of revenue means the revenue is said to be
realized when the goods and services are delivered not at
the time when cash is received. for ex: if someone sells
the goods on credit on 1st april 2009 and the cash is
received on 1st aug 2009, we considered the revenue is
realized on 1st of april 2009 not when the cash is received.
| Is This Answer Correct ? | 7 Yes | 4 No |
Post New Answer View All Answers
what are the new rules of central excise ?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
Who will be called as consignee
Expand-------SCAN
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
objective of accounting
what is the difference between f.f.s and c.f.s?
If income and expense both are equal then what it depicts
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
joint venture?
What is Risk Assessment?
