what is difference between matching principles and accrual
basis principles?
- 1 Answers
- 1957 Views
- I also Faced
- E-Mail Answers
Answer Posted / khansab1993
Matching principle means what exactly we got after sales but accrual principle is just opposite to matching principle(dr=cr) accrual principle means what we will get from sales in future.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
how many schedules are there in accounting?
How do we return the loan in equal installments with interest in tally
what is the core accounts
fd redeem interest and principal entry in tally
WHAT ARE EQUITY SECURITIES?
Give me total Details of payroll calculation, payslip with examples.
Expand-----RTD
what is ZBA hold & balance hold in banking?
what is an advance against expenses
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
EXPAND_________SEC
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
please specify some books name in preparing a bank exam apttirutude questions
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
