what is the difference between charge & appropriation
Answer Posted / kamal boro
Beyond accounting the difference between the two may be as stated under:-
"Appropriation means seek permission to make an expenditure
whereas charge is an expenditure by right or the permission is already given. i.e. charge follows appropriation."
Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
Why do you want to work with us
what is ledger account
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
why funds management doc is generated during migo and miro
Can u please give me example of bonds? is National savings certificate a Bond?
how will i develop my fears in interviewd?
what is Functional Specification in SAP FICO?
---------is the main or principle book of accounts
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
fill in the Blanks Share Holders in Company have _____________Liability
EXPAND___________NAA
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
how to check which item is sold by the sundry debtors in tally?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?