What is General Accounting

Answer Posted / archana

general accounting is an important part of any business.it helps to compile all the accounting data and information is later used to make various financial statements.it is the begginning of the financial data gathering....

Is This Answer Correct ?    64 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1493


plz tell me short cut method in maths for clerck post in bank

1530


what are the customization u have done in sap mm

1815


Suppose the production is more and sales less then what will happen

1551


Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance

1546






Debit Note & Credit Note?

1704


Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

1568


what type of questions are asking for fund administration???

5027


how to solved the shares qusionas ?

1604


give me only one transactions in both side (debit&credit) should be in real accounts

1733


why did rbi hiked repo and reverse ratio and how it will effect the market

1380


what is crisil?what is the advantage of crisil rating?

3214


At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

1574


When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?

1773


A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1401