what is the difference between charge & appropriation

Question Posted / sravan kumar

3 Answers
24024 Views
Capital IQ, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what is the difference between charge & appropriation..

Answer / primith

hy i am icwa student and as far as i know THE DIFF BETWEEN
CHARGE AND APPROPRIATION CAN BE STATED WITH AN Example
for charge.. DEPRECIATION CAN BE AN EXAMPLE.. whether there
is a profit or loss the depreciation is charged to the
profit and loss account..for appropriation.. reserves or tax
can be taken as an example.. it can be only appropriated
when there is a profit.. otherwise there is no
appropriation.. for charge let there be a profit or loss it
is valid.. appropriation is only valid when there is a profit..

Is This Answer Correct ?

40 Yes

6 No

what is the difference between charge & appropriation..

Answer / kamal boro

Beyond accounting the difference between the two may be as stated under:-
"Appropriation means seek permission to make an expenditure
whereas charge is an expenditure by right or the permission is already given. i.e. charge follows appropriation."

Is This Answer Correct ?

9 Yes

2 No

what is the difference between charge & appropriation..

Answer / abc student

true

Is This Answer Correct ?

1 Yes

7 No

Post New Answer

More Accounting AllOther Interview Questions

can we get all interview questions with answers in tally 9 which mostly asked in MNC's.