what is MERCANTILE Accounting system?
how many accounting systems are followed in India
- 2 Answers
- 7541 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 do you mean by Green-shoe option?
What is the Difference between Proviso & Provision
what is mean by brs?
"What is the golden rules of accounting"
4 Answers Genpact, Rose Valley,
expand S E B I
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
what is automatic payment in sap fico
someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..
0 Answers State Bank Of India SBI,
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
Expand C E O
2 Answers Microsoft, Reliance,
wat s brs?
what is meant by screenlayout in asset accunting
Audit 
