company prepares accounts sometimes on cash basis ,
sometimes on accural basis
A)TRUE B)FALSE C)SOMETIMES TRUE D)SOMETIMES FALSE
Answer Posted / hashim bim ali
99% of companies prepare their accounts on the basis of
accrual.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
What is Mean By FRS for HQ reporting, How To Prepare?
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
What is meant by advance ruling? What is the scheme of advance rulings?
How shall I calculate the true profit of my business, as I am a layman for accounting.
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%).
plz tell me short cut method in maths for clerck post in bank
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
what is futures and options?
how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%
What is Merchandising Accounting process
What is the analytical way of accounting?
What is the procedure to become charted accountant in India now. Please answer this is urgent