Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / a.praveen
They are 10 concepts for accounting.They are as follow:
1.Business Entity concept
2.Going Concern concept
3.Money Measurement concept
4.accrual concept
5.Accounting Period concept
6.Dual Aspect concept
7.Matching concept
8.Realization concept
9.cost concept
10.Objective Evidence concept.
The above are the Accounting Concepts
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is purchase returns accounting
What is the difference between personal account real account and nominal account?
I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
What is executive accounting?
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.
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
what single discount is to2 successive discount of 10%& 15%
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
what is opening stock formula?
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
Cash bill of sale so the company can deduct the amount.
