1.WHAT IS BRS?
2.WHY DO WE PREPARE BALANCE SHEET?
3.WHAT IS TRIAL BALANCE?
4.WHAT IS VENTURE CAPITAL?
5. WHAT IS DEFFERED REVENUE EXPENDITURE?
Answer Posted / santosh
1) BRS is a statement preparing to know the difference
between cash book and bank book, it prepared by both bank
and individual who maintain the cash book. it reconciles the
difference amount due to the late record in the books
2) Balance sheet is statement prepare to know the financial
position of particular period of time
3)Trail balance is a statement of assets, liabilities,
woner's equity of particular point of time to know the
financial position of the business.
4) Venture capital is financing to high risk ventures by
providing new qualified enterpenures and provides funds to
give shap of their ideas
5) Differed revenue expenses are recurring expenses for
helps in growth of business, these are recurred but not
effect on p/l a/c, because these are heavy expenses and
those are not write off in a single accounting year, it
takes in next up coming years
Is This Answer Correct ? | 22 Yes | 0 No |
Post New Answer View All Answers
what is the relationship between cost accounting financial accounting and managerial accounting?
what is subscription order
What are control ledgers?
If a prospective client kept presenting you with excuses not to buy, what would you do?
cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
How do you prepare a balance sheet from a trial balance?
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
How use Budget in SAP, i want to see the report of variant between budget and actuals.
Why have you applied to our firm?
What is accounting for plant assets?
Have you ever heard about tds, what it is?
What is the use of form D in sale tax
Mention whether the account "cash" will be credited or debited when a company pays a bill?
Why current assets Liability said & current Liability Assets said...?at tally ERP9