Answer / shailendra

1) Accrual basis 2) Cash basis

Answer / suresh raichur

There are two methods of accounting namely:
1. Accural Basis of accounting
2. Cash Basis

Answer / swathi

all the above onces r branches of accounting

Answer / subramanyam

1.Finanacial accounting
2.Management accounting

Answer / kali prasad dalai

cash basis, accrual basis, highbrid basis

Answer / mujafarvali

1. cash system
2. Merchantile systems

Answer / swathi

1.financial accounting
2.management accounting
3.cost accounting
4.human resource accounting
5.in action accounting
6.responsibility accounting

1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-

0 Answers  

Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

0 Answers  

I had this interview in 09. The interviewer kept on asking this question. Why do you want to join JP Morgan chase? can any1 give me a good answer...???

2 Answers   IBM, JPMorgan Chase,

what is the different between Liability and owners equities ?

2 Answers  

I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

0 Answers  

if we have charged vat @ 5% instead of 4% ,how can we rectify that invoice ?we have already send that invoice to our client and we have received that payment also .Invoice Dated 25/01/2010 Kindly advice on that .........

1 Answers  

purchase rice 2 bags rs.7500 and vat charges @5% what is the answer...

8 Answers   Accenture,

net worth is: 1)total assets less outside liabilities 2)total liabilities plus owner equity 3) current assets less current liabilities 4) total accumulated profit less liabilities choose correct and with deatail.

3 Answers  

hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

0 Answers   Bank Of America, Genpact,

Credit purchase entry

10 Answers   Ernst Young, FIC,

What is the basic entries of cash and bank with a trading company.

1 Answers   F4, SMGT,

What is meaning of invoice?

0 Answers