Interested to Buy Any Domain ? << Click Here >> for more details...
what is MERCANTILE Accounting system?
how many accounting systems are followed in India
- 2 Answers
- 7375 Views
- DBS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / chandu
mercantile system is one of the system of accounting,
according to mercantile system we prefers credit transactions we are recorded in the books of accounts.
three accounting systems followed by indian accounting
1 cash system
2 mercantile system
3 mixed system.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / venkatesh
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 |
what is the difference between planned and non planned budgt
a bill for Rs.250 accepted by pritam, a costomer was passed through bills payble book (what will be the correct entry)
What is the TDS Rates for the F.Y 2008-09 ?
11 Answers AGP Homes, Biotech, NCC,
what is net turnover and how to calculate?
Expand ________CBC
Expand ------MEF
Can you explain about the distinction of Book-Keeping and Accounting
what is the difference between valuation class and valuation area in sap FICO
WHAT are the durration of ICWA course.plz.tell details in relevant course.
credit card entry in tally
what is vat sett off? service tax?
explain the matching concept and what is the deffered revenue expendiature and how it related into matching concept.
Audit 
