Answer Posted / munitha.m.c
GAAP means General accepted accounting principles.Examples
of GAAP is business entity concept,dual aspect concept etc.,
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
How did you chose your university?
what are your current financial and accounting projects? What is your role?
Explain purchase day book.
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
what is cost unit n what is cost sheet?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
How to pass the entry in tally for demolished of building?
journal entry for goodwill and capital bought by a new partner?
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
what are the extraordinary items?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
what is the difference between accounting and bookkeeping?
Is it compulsary to give TOEFL for applying US visa.
Why did you choose the a-levels you did?
Why we debit expenses and credit incomes ?
