What are Accounting Concept?
- 19 Answers
- 38490 Views
- Mafoi, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / mahesh
The following are the important generally acctable concepts.
1.Entity Concept
2.Going concern Concept
3.Money measurement Concept
4.Cost Conceot
5.Accounting period Concept
6.Dual Concept
7.Matching Concept
8.Realisation Concept
9.Balance sheet Equation Concept
10.Verification and Objective evidance Concept
11.Accrual Concept
| Is This Answer Correct ? | 17 Yes | 4 No |
Post New Answer View All Answers
Can i make invoice when my client apply for TIN Number ?
Which entry we pass self entry like cash withdraw for ourself
what is pre post expenses
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
which Electrical items is Exciseible
what is the procedure of interview question in genpact
i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
Please share different type of Z report
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
What is a Balance Sheet & Profit & Loss Account?
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
