Answer / mrityunjoy dubey

accrual sytem of accounting signify the method in which we
should provide all the recurring expenses of the year in
the final accout as well as all the capital expenditure
made in the year should be reflected in balancesheet

Answer / rajendra prasad

Recognition of revenue and costs as they are earned or
incurred(and not as money is received or paid.) It includes
recognition of transactions relating to assets and
liabilities as they occured irrespective of the actual
receipts or payments.

Answer / henry

reconciliation reporting(expenses).

What are the various systems of accounting? Explain them.

0 Answers  

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I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?

0 Answers   Manufacturing, STG,

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What is Suspense Account?

1 Answers  

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what use of form d and form h

1 Answers   Genpact,

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what is one way , two way matching , three way , four way matching ?

0 Answers  

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Allowances means-mobile, trawling is direct exp or indirect exps

1 Answers   KCH,

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6, state with reasons wheather the following items are capital expenditure or revenue expenditure i, A factory building was constructed at a cost rs 1500000 a sum of rs 64000 were incurred for the construction of huts for storing building materials ii, rs 5000 paid for removal of stock to a new site iii, expenses incurred in connection with obtaining a license to start the business were rs 15000

1 Answers  

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1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======

1 Answers  

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what is Service tax rate

6 Answers  

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What is the SAP Account?

0 Answers   Banking,

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what is the meaning of written-off as goodwill written-off

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What action could be taken by you and your manager to improve your performance in your current position?

0 Answers  

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