Answer Posted / k.sravanthi
They are 10 concepts.They are as follow:
1.Business Entity concept
2.Going Concern concept
3.Money Measurement concept
4.Cost concept
5.Accounting Period concept
6.Dual Aspect concept
7.Matching concept
8.Realization concept
9.Accrual concept
10.Objective Evidence concept.
The above are Accounting Concepts..
| Is This Answer Correct ? | 46 Yes | 1 No |
Post New Answer View All Answers
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
WHICH QUESTIONS ASKED IN EPFO IN 2009.
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
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
what is the head for stock trnasfer
in what circumstances it is mandatory to calculate the goodwill.
what type account are below Debentures Bank overdraft
if any otion in tallyerp9 version about doing Luxury tax work
What is diffrence Between GPF and EPF?.. can anybody explain..?
Explain what is gaap?
Why is accuracy important in accounting?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
Who is considered the father of accounting?
What steps would you take before approving an invoice for payment?
what is the process of cenvat credit taken in service tax( in direct & indirect service)