WHY DON'T WE TAKE BANK AND CASH ACCOUNTS INTO REALISATION
Answer Posted / divya s k
realisation implies the cash received from
realising.i.e.selling an asset. since cash & bank are in the
form of cash, it cannot be sold as such.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?
Tell me did you use accounting applications at your previous companies or prefer working manually?
What is cotangent Account?
How can you define departmental accounting?
what is the new rate of c.s.t in uttraklhand
What is the difference between General Ledger and Ledger?
Who owns the general ledger?
Tell me what a deferred asset is and give an example?
Do you think accounting standards are mandatory and why?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
What is accounting transaction?
IN VAT INVOICES DISCOUNT ALLOWED OR NOT
BRIEF IN DETAIL REGARDING RATIOS
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.