Answer / dharmesh sati

Objective of Accounting Standards is to standarize the
diverse accounting policies and practices with a view to
eliminate to the extent possible the non-comparability of
financial statements and the reliability to the financial
statements.

The institute of Chatered Accountants of India, recognizing
the need to harmonize the diversre accounting policies and
practices, constituted at Accounting Standard Board (ASB)
on 21st April, 1977

WHAT IS PROSPECTUS?

21 Answers   India Infoline, Joint Stock Company,

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wht is overdrafting and where we have to shown.

3 Answers  

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How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?

0 Answers  

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Short Answer on _________Accounts Receivable

0 Answers  

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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 Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt.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.

0 Answers  

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if the balance of the supplies account on January 1 was $500, supplies purchased during the year were $1750, and the supplies on hand at December 31 were $300, the amount for the appropriate adjusting entry at December 31 is?

1 Answers  

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an amount deducted from the catalog price for an item of merchandise is called?

1 Answers  

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Distinguish between Piece rate and Time rate?

3 Answers  

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Principles of accounting with atleast one example for each.

3 Answers   Franklin Templeton,

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Choose the correct answer: In case of assesses other than companies, the following is advance tax rate to be payable on or before of 15th September on the current fringe benefits. (1) 15 per cent; (2) 30 per cent; (3) 45 per cent; (4) 60 per cent.

2 Answers  

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Expand---------MDTR

2 Answers  

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What are the major responsibility's of an accountant? what are the qualities he /she requires?

0 Answers  

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