what is accounting concept? explian in brief?
Answer Posted / purnima
Accounting concepts are the base for accounting system as per accounting concepts we record the books of accounts
Example: 1. Going concern concept
2. Matching concept
3. Business entity concept
| Is This Answer Correct ? | 13 Yes | 1 No |
Post New Answer View All Answers
What is your greatest achievement and why?
Why is accuracy important in accounting?
What is the difference between inactive accounts and dormant account?
Explain what does financial statement of the company includes?
What are mis reports and do you prepare it?
what is tax deducted at source
How to pass VAT retention entry on computer and Furniture
What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
List the type of transactions entered in journal proper.
hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
if any otion in tallyerp9 version about doing Luxury tax work
What is cost accountancy?
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
Tell us depreciation and its types?