Interested to Buy Any Domain ? << Click Here >> for more details...
what do you mean by accrual & due ? What is the difference
between Accrual & due?
- 4 Answers
- 10647 Views
- Genpact, HCL, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kuldeepkumar
As per Accrual concept of accounting revenue has been
earned by firm, whether is received or not & expenses has
been incurred by firm, whether is paid or not.
As a Creditor, Due is that amount which we have to receive
from debtor & As a Debtor, Due is that amount which we have
to pay to Creditor.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / ravi
for Example:A company has declared the dividend but it will
settled the customer account certain days. for the period
company has give the interest in these declared date and
settlement date in between period is accrual. Once the
amount is settled in due date.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sheetal
accrual means which income received by them and after done
by us.
| Is This Answer Correct ? | 1 Yes | 7 No |
Answer / venkat
Accrual concept means which entries done or going to be done it means part of money or money reserved or paid on total amount should be written in the books is called accrual concept
dual concept means in every accounting equation one should debt and one should be credit then only that excise will be correct
| Is This Answer Correct ? | 2 Yes | 9 No |
what are examples of non- marketable securities ?
salary is paid to a person A wrongly twice a month and after detecting the mistake the salary is paid to the right person B.write the journal entry for the two sequences.
journal entry for goods withdrawn for personal use
What is Accounts Recivable & Payble???
paid rs 60.000 cash on the purchase of equipment costing 80.000 the remaining amount payable with interest rate of 9%. what is the journal enry
In tally software what is the difference between restore and backup?
what is cash book
how much cash transaction to single transport company per day and also per year
1- Can ledger make without journal?
WHAT IS RTGS
What is basic difference between loan and investment?
What is the difference between perpetual & periodic inventory system?
Audit 
