what is the final accunt

Answer Posted / shailendrasen82@yahoo.com

Financial Accounting means Profit & Loss and balance sheet. They are show the Company position as on Present Year and Past Year and Indicate where the stand by their Company in the Market.

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the steps involved in project implementation?

721


What are the types of liabilities accounts?

617


Explain things that fall under intangible asset?

644


Explain me the difference between public and private accounting?

679


WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?

1343






Contrast bookkeeping and accounting

610


Tell me what is an over accrual?

597


1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

874


List out the stages of double entry system?

628


WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?

1653


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

1668


Tell me deferred taxation is a part of which equity?

570


Explain the meaning of long-term notes payable is or long term liabilities?

623


What is the distinction between cost accounting and management accounting?

623


paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1224