Interested to Buy Any Domain ? << Click Here >> for more details...
What is the defination/meaning of Mercantile Accounting?
- 11 Answers
- 101439 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vivek sapra
Mercantile System of Accounting is also Known as Accrual
System of Accounting where all the transactions are
recorded irrespective of period of Amount recived or paid.
In-other words it is a system of Accounting where amount
paid or payable is recorded. Presently every company is
following this.
| Is This Answer Correct ? | 0 Yes | 0 No |
Expand D D O
What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is different from Depreciation expense?
why BRS is used
comen test paper for accounts
​differed revenue expenditure
ROLE OF FINANCIAL MANAGER IN MATTERS CONCERNING DIVIDEND POLICY?ALTERNATIVES THAT HE MIGHT CONSIDER & THE FACTOR WHICH HE SHOULD TAKE IN TO CONSIDERATION BEFORE FINALISING HIS VIEWS ONDIVIDEND POLICY?
what would you contribute for bhels growth
What is accrual? Give example for the same?
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
Define `Realisation` Account? Explain the salient features?
WHAT IS Amortisation??
11 Answers Capital IQ, FactSet Systems,
What Debt Equity Ratio ?
2 Answers HCL, ICICI, Xchanging,
Audit 
