Briefly explain the difference between receipt & payment and
income & expenditure account.
Answer Posted / aparna tiwari
receipt& paymnet a/c is a cash a/c whereas income &
expenditure a/c is a P/l a/c.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
which report give the data of GL with materials details in sap?
What is the dual aspect concept?
Tell us do you possess any knowledge about accounting standards?
I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.
why creditors a/c dr. to discount received a/c ?
in trading credit why does goods sent on consignment come?
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
Explain what is double-entry accounting? Explain with an example?
Tell me what is the abbreviation for the accounting terms debit and credit?
What are mis reports?
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
how in the big companies the budget are prepared and controlled?
Tell me do you possess any knowledge about accounting standards?
I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?
Which accounting applications are your familiar with?