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Un-Answered Questions { Accounting General }

What is the purpose of a balance sheet?

1259


What are the 5 basic accounting principles?

990


What is the formula for acid test ratio in accounting?

995


What is the objective of the balance sheet?

1099


What is the marginal cost formula?

1085


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

962


What is tally accounting?

1081


Have you ever heard about tds, what it is?

1048


What is an over accrual?

1021


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

1139


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

1124


In which account does the unpresented cheque will get recorded?

1085


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

937


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

1037


What a deferred asset is and give an example?

1005