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
1557can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
1750is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
1656what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
1915Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c
4 4368Post New Accounting General Questions
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
Explain me the difference between accounting and auditing?
what is revenue recognition rule, and can you specify the answer.
What is accounting normalization?
Tell me what is project implementation?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
Hey can any body tell me..What are negative assets?
Tell me entries to revenues accounts such as service revenues are usually?
What is the difference of cost accounting and financial accounting?
1.recivable and payble 2.pf,tds,esi
What is general entries for Deffered Tax?
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
In which term & condition excise invoice raises & for what excise invoice raise?
What is a business transaction in accounting?