Answer Posted / nitin
accural means adjustments in final account is also adjusted
to get fair value of financial statement on a particular
period of time.there are of two types of accounting accural
basis or cash basis but accural basis is basically followed
in every sphere of accounting this concept says we don't
only cash but also prepaid or outstanding transaction as
well.
Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
What do you know about this position?
how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ? or how to pass the entry for that ?
Define fictitious assets?
Do you know retail banking?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
Compare financial accounting and cost accounting.
Revenue Expenditure
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
how will rectify the error in trial balance.
Explain the types of ledger?
What are the advantages of computer accounting over paper accounting?
what are the voucher entries for depreciation in tally and when?
Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50