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What is mean by mercantile accounting?

Answers were Sorted based on User's Feedback



What is mean by mercantile accounting?..

Answer / shilpa

Mercantile system of accounting is that system of
accounting where amount paid or payable,received or
receivable accounted.It is also known as Accrual accounting.
Presently every company is following that.

Is This Answer Correct ?    13 Yes 2 No

What is mean by mercantile accounting?..

Answer / muhammad masudul alam

Mercantile system of accounting is that system of
accounting where amount paid or payable,received or
receivable accounted.It is also known as Accrual accounting.
Presently every company is following that.

Is This Answer Correct ?    4 Yes 1 No

What is mean by mercantile accounting?..

Answer / rajkumar

"Mercantile accountig is a combination of acrual& cash
bases Accounting"

Is This Answer Correct ?    5 Yes 6 No

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