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Un-Answered Questions { Accounting General }

What is the purpose of a balance sheet?

1276


What are the 5 basic accounting principles?

1000


What is the formula for acid test ratio in accounting?

1008


What is the objective of the balance sheet?

1117


What is the marginal cost formula?

1096


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

975


What is tally accounting?

1087


Have you ever heard about tds, what it is?

1062


What is an over accrual?

1033


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

1150


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

1144


In which account does the unpresented cheque will get recorded?

1094


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

944


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

1047


What a deferred asset is and give an example?

1022