Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ashwini
Personal Accounts: Accounts dealing in the name of persons
company etc.
Real Accounts: Accounts dealing in the name of which one
exists. example Cash Furniture etc.
Nominal Accounts: Account dealing with one we cannot see
touch - example: Salary Electricity Charges Rent etc.
| Is This Answer Correct ? | 24 Yes | 6 No |
Post New Answer View All Answers
Tell me which accounting application you prefer most and why?
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
Explain under what type of account does the unearned revenues fall?
what is consignment entry?
What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
how will you adjust voluntary seperation payment in cash flow statement
What other careers are you considering?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Pls let me know Job profile for Account Manager.
How do we calculate the cost of investment?
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
Tell me about a situation where you showed determination?
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
