Interested to Buy Any Domain ? << Click Here >> for more details...
what is accural
- 5 Answers
- 10584 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nitin
accural means adjustments in final account is also adjusted
to get fair value of financial statement on a particular
period of time.there are of two types of accounting accural
basis or cash basis but accural basis is basically followed
in every sphere of accounting this concept says we don't
only cash but also prepaid or outstanding transaction as
well.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / gouthami
the trader may earn the income by rendering some services
but income was not realised in money but definetly realise
in future.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shankar kumar
Accrual means occerance or becomming due of revenue or
expenses rather actual receipt. it is mainly used for give
the actual position in BS for a particular period.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / satish sirikonda
accrual means transaction done but we can not get the
payment / receipt
| Is This Answer Correct ? | 0 Yes | 0 No |
Tell me do you think accounting standards are mandatory and why?
what is debit and credit?
1 Answers Genpact, Infosys, Nainital Bank, Satyam,
When a business man take his net profit from his firm, how will make the entry in cash book?
Please Explain the following Depreciation Methods? 1.stright line method 2.reducing method 3.annuti Method 4.funds Method 5.insurance Method
our company given party to employees. this expenditure which account head booked ? please tell me
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
Why is Income statement prepared?
interview process in factset
1.an Asset costs $ 10,000 and has a net book value of $ 100, and an estimated life of ten (10) years, what would be the annual depreciation using the straight line method?
how did prepare the trail balance & profit & loss A/c and balance sheet
Bank account comes under Real or Personal ?
tally interest entry journal entry income expance entry
Audit 
