Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is the difference between cash system & mercantile
system



what is the difference between cash system & mercantile system..

Answer / avinash.avala

If cash is received then recorded in the books irrespective
of period - In case of cash system.

If the transaction is related to the period irrespective of
cash received or not then it is recorded in the books - In
case of mercantile system

Is This Answer Correct ?    22 Yes 6 No

Post New Answer

More Accounting AllOther Interview Questions

balance sheet means what?i hav to make 1 software in tat i hav to convert accounts data to tally balance sheet format?

1 Answers  


What is the 3 basic rules in accounting by account? What is the 3 type in basic rules?

6 Answers  


what is inflation?

12 Answers  


This question was in opi final round u give a loan for your friend a 1000 rs he returns 600 rs and u have to close ur accounts what should u do to close the accounts? and what is journal entry?

5 Answers   OPI Global,


What is marginal costing?

10 Answers   Capital IQ,


what is buy back of share & why a company go for it?

1 Answers  


what is GDP? how is it calculated

6 Answers   FactSet Systems,


i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?

0 Answers   DELL,


What is reserv for doutfull debts and how it was treated?

2 Answers   Siemens,


housing loan taken from tata capital housing finance ltd.,how can entry make with interest with sanction amount and documentation charges

1 Answers   KMS,


How exchange rates are maintained in sap

0 Answers  


what is ERP packages?

1 Answers  


Categories