Answer Posted / chandu
yes sir, the mail difference b/w cash and mercantile system
in cash system only cash transactions are recorded in the book books of accounts where as in mercantile system we prefer credit transactions.
mercantile follow the companies who have financialy soundness follows this method.
Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Expand ________FIPB
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
Hello to every body ... Its not its not a interview question In accounting field can we make Money ?
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
Mention some of the major contributions made by you in your present and previous jobs
what is Rectification of Errors ?
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
payroll calculation procedure explain completely?
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
Feature of Master letter of credit of Garments manufacturing company?
How Are The Balance Sheet And Income Statement Connected?
why funds management doc is generated during migo and miro
Define The Term Journal And Explain The Present Day Use?
EXPAND___________NAA