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
1110can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
1310is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
1197what 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
1540Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c
4 3174Post New Accounting General Questions
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?
If balancing account is not assigned to company & is assigned to department wat will be the effects
Tell me which accounting application you prefer most and why?
what's the difference between impress cash account and petty cash account
What are the 5 basic accounting principles?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
What is accounting & why it is used?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?
what is accounting cycle ?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
