Answer Posted / bhaskararao
There are three fundamental rules of accounting standards
1 personal account debit the received and credit is giver
2.real account debit what comes in credit what goes out
3.nomainal account debit all expenses and credit all
incomes and gains
Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
whts is the meaning of over cost and under cost, what is difference ?
Explain valuation methods of Normal and Abnormal loss
What Are The Characteristics Of Modern Accounting?
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
• What is depreciation and the method?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
where does the closing stock appears in the trial balance?
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
Which Exchange determine Foreign ?
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
distinguish between Bill of Exchange and Promissory Note
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me