basic rules in accounting
Answer Posted / sunny
They are those basic principles and conventions of
preparing an accounting statements and in recongnition of
certain transactions in the accounts and their
treatments.Eg, The Double entry principle which states
that, for every debit entry, there must be a corresponding
credit entry in order that the account can balance.
Is This Answer Correct ? | 37 Yes | 13 No |
Post New Answer View All Answers
what is Contra Asset?
Mostly what type of manufactures are coming under TDS and basic rate for each category
Explain about Fixed capital
why may types of accounts
what is Sums on Finalization of Accounts?
Short Answer on -----Trade mark
what is the process of excise duty?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
What are Mortgage Payment Problems?
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
Expand---------BPCD
fd redeem interest and principal entry in tally
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
an amount deducted from the catalog price for an item of merchandise is called?