What is the purpose of a balance sheet?
What are the 5 basic accounting principles?
What is the formula for acid test ratio in accounting?
What is the objective of the balance sheet?
What is the marginal cost formula?
What are the activities that are included in the cash flow statement?
What is tally accounting?
Have you ever heard about tds, what it is?
What is an over accrual?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
By saying, perpetual or periodic inventory system; what do we mean?
In which account does the unpresented cheque will get recorded?
List out some of the accrued expenses and the accounts in which you would record them?
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What a deferred asset is and give an example?