Answer Posted / shibaram behera
This concept implies that a business unit is separate and distinct from the person who supply capital to it. Irrespective of the form of organization,a business unit has got its own individuality.In law,the distinction between the owners and the business is drawn only in the case of joint stock company but in accounting this distinction is made in the case of sole trade and partnership firm as well.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
i want the difference p&l a/c and Income and expediture statement
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
credit card entry in tally
what is ment by master in tally?
If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
What are events occuring after the balancesheet date?
Is depreciation a expense or income?
What is the mening of uidnvhe.?
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
how to do finalisation account ,pls tell me step by step ?
what would you contribute for bhels growth
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
Take me through the entire vendor cycle.