Answer Posted / abhi3774

Accounting concepts are basic assumption the science of accounting is based.
concepts:
separate entity concept
going concern concept
money measurement concept
dual aspect concept
cost concept
retaliation concept
Accounting period concept.
Periodic matching cost and revenue concept

accounting conventions:
these are the traditions and customs, it will help to accountant while preparing financial statements honestly.

convention of consevatisiam
convention of fulldiscloser
convention of Materiality
convention of consistency

Distinguish capital and Revenue receipts

2204

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How to maintain Purchase Orders ? Please explain by proper format.

2215

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what are the seven accounting rules

2091

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describe how accuracy in trial balance is a prime objective for preparing the financial statements?

2017

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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.

1891

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what are the payroll procedures?

2213

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What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

2290

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difference between office expense and miscelleanous expense with some examples

2062

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Have you worked with other on team endeavors

1991

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The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate

2479

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what is Accounting Standers?

2153

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Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1962

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your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1859

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What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

2249

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what is composition vat

2379

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