what is difference between matching principles and accrual
basis principles?
- 1 Answers
- 1928 Views
- I also Faced
- E-Mail Answers
Matching principle means what exactly we got after sales but accrual principle is just opposite to matching principle(dr=cr) accrual principle means what we will get from sales in future.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the working formula for Return On Investment
What is treasury bills
Why did you choose banking as your profession?
25 Answers Axis Bank, HDFC, HNB, ICICI, Private, State Bank Of India SBI, Yes Bank,
what are important steps to take during the conversion of an accounting system?
2 Answers Cap Gemini, Franklin Templeton, Globix,
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
what is accrual income ?
15 Answers Capital IQ, Cognizant, Genpact,
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
WHAT IS B.E.P. CHART
What is the difference between a Proprietor firm, a Partnership firm & a limited company
Expand---------DBPC
can any one send me payables real time scenarious or any projects
Audit 
