Interested to Buy Any Domain ? << Click Here >> for more details...
what is Accrual ?
- 6 Answers
- 8377 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / aparna
it means outstanding.income which is yet to be received
or expense which is yet to be paid
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / ravikumar123
recording revenues and expenses whether received or nor in
cash or not
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / javeed
IT MEAN YET TO BE RECIVED OR YET TO BE PAID
i.e outstanding amount
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / rajaram kolle
Accrual basis of accounting is to create liabilities and
assets in the books as soon as it becomes receivable or
payable, irrespective of their receipt and payment. Example,
Booking expenditure for Rent, Interest, salaries on last day
of the month, so that the profit and loss account and
balance sheet gives a correct picture as on that date, while
preparing financial results.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bharathi.c
Accrual means the expenses and incomes relates to that month but not received and paid is called accrual.
example:rent ,salaries..
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sameercn
Accumulation of any revenue money as per the business
triggers, i.e. before actual income comes in.
| Is This Answer Correct ? | 1 Yes | 3 No |
what is finance tell me in exact definition?
what are Miscellaneous expenses? where it posted ?give with example and why it is call miscellaneous expenses
what is stock divient
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
How to finalise the accounts of any private limited company?
what is deffered revanue expanditure
8 Answers Accenture, First Indian Corporation,
Discuss the role of cost accounting in managerial decision making?
WHAT IS THE DIFFERENCE BETWEEN ACCOUNT RECEIVABLES AND BILLS RECEIVABLES CAN U EXPLAIN THRU EXAMPLES
what is sensex
taken loan from Private person(Dec'2014) - Rs. 6 lac and already interest paid for the year 115200 but interest taken for A/c Rs.38400/-.(upto March2015). remaining amount for this year i.e. 76800/- how to enter in tally. please clearify
1 Answers College School Exams Tests,
Bank Charges (FIRC CHARGES) what the meaning of FIRC Charges?
Expand---------PRTS
Audit 
