list out the accounting concepts and explain the accural
concept
Answer Posted / ravipolina
1 GOING CONCERN
2 MONEY MEASURMENT
3 CONSISTENCY
4 ACCTUAL BASIS
THESE ARE THE CONCEPTS OF ACCOUNTANCY
GOING CONCERN IS NOT GOING TO CLOSE IN SHORT PERIOD
MONEY MEASURMENT CONCEPT MEANS VALUED IN TERMS OF MONEY
CONSISTENCY MEANS FOLLOWING THE SAME RULE IN THE FUTURE
YEARS ONLY
ACCRUAL BASIS FOR RETAIL&MERCANTILE BASED
Is This Answer Correct ? | 15 Yes | 5 No |
Post New Answer View All Answers
what is book profit
what are the different causes for discrepencybetween the balance of cash book and pass book
joint venture?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
What will be the consequences if the partnership is not registered
how will i develop my fears in interviewd?
fiscal year variant Vs posting period variant
what is accounting in automobile
Comments Elements in accounting
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
why do think you are best candicate for this post.
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
Short Answer on _________Accounts Receivable
which are company offering jobs in PORTFOLIO MANAGEMENT ?