why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
No Answer is Posted For this Question
Be the First to Post Answer
What is the difference between Capital and Total Equity in a Company?
please tell me what is journal entry for salary: Gross Salary 10000 and net salary 75000.
Which account is responsible for interest payable?
why do we add the net profit in the balance sheet
What is the journal entry for due salary
what is tds,pf and vat?
Tell me an example of a tough decision that you had to make?
Define overhead in terms of accounting?
what is tds and how it is calculating
How can you explain the basic accounting equation?
export sales contract and domestic sales contract? india's trade in commercial services?
what are the limitations of accounting conventions