what is accounting standard?
Answer Posted / juvlemm
A common standard for accounting and reporting. Accounting
Standards contain the principles governing accounting
practices and determine the appropriate treatment of
financial transactions.
Is This Answer Correct ? | 433 Yes | 40 No |
Post New Answer View All Answers
Expand-------ANCS
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
what is Functional Specification in SAP FICO?
what is composition vat
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
Weather Entry tax on consumable goods purchased against CST
What is DECR And for wt it is used?
Expand----------MTSC
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
What does my credit score mean?
what is undisclosed profit? explain
Breif notes about accounting standards
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
Accounting related interview questions on ibm