what is accounting disclosure
Answers were Sorted based on User's Feedback
Answer / emil john
an additioanal information attached to the financial statements and explnation for the entry
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / babhu kanchupalli
As we know that an entity can prepare accounts based on the "Accounting principles (Concepts) and Conventions"
Full Disclosure is one of the conventions of Accounting procedure.....
According to this convention accounts of an entity must be free from the secrecy....always an entity must be willing to publish or provide information related to the accounts to any person....it may be a share holder, Govt or any person who ever is interested to know about the financial position of the particular entity....It includes Notes to the Financial statements also......
Is This Answer Correct ? | 1 Yes | 0 No |
Honda car dr 11556 purchase 25/08/2010 to bank cr 4100 to loan cr 7456 Installment paid upto 31/7/2012 @ 207/-pm (total 4761/-) Loan Bal. 2695/- Car was cancelled due to accident in June-2012. Finance company refunded 6656/-(15/08/2012) Total accumulated depreciation was 5202.318. what will be the Car write-off entry..??
Tell me what a deferred asset is and give an example?
wat is mass allocation and when it is used
What is PBG & ABG in term of Contract for supply?
2 Answers ITP, JDM Pharmatech, Jubilant Organosys,
Can Minority Interest be negative or equal to zero?
Sold goods to Gasha 600 by cash
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
journal entry for prepaid insurance and salary outstanding
how to geting finished goods cost with included it's all BOM and all production order cost in sap?
can i material bill book in miro without vat on transport charges ?
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
why you want to lecturer