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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
1610can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
1807is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
1704what 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
1962Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c
4 4487Post New Accounting General Questions
Do you know what is project implementation?
What is the difference between cost accounting management accounting and financial accounting?
Explain what is double-entry accounting? Explain with an example?
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
Discuss the consistency concept in accounting
Explain me do you think accounting standards are mandatory and why?
explain me what steps would you take to increase revenue for this company?
how to solve cashbook question
In accounting, how do you define the premises?
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
Tell us why did you select accounting as your profession?
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
Where should tds received should show in balance sheet?
Explain a time when you have not met your goal?
