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Un-Answered Questions { Accounting General }

What is the purpose of a balance sheet?

1329


What are the 5 basic accounting principles?

1039


What is the formula for acid test ratio in accounting?

1042


What is the objective of the balance sheet?

1185


What is the marginal cost formula?

1135


What are the activities that are included in the cash flow statement?

1017


What is tally accounting?

1148


Have you ever heard about tds, what it is?

1092


What is an over accrual?

1085


What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

1194


By saying, perpetual or periodic inventory system; what do we mean?

1192


In which account does the unpresented cheque will get recorded?

1132


List out some of the accrued expenses and the accounts in which you would record them?

981


Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1087


What a deferred asset is and give an example?

1062