company prepares accounts sometimes on cash basis ,
sometimes on accural basis
A)TRUE B)FALSE C)SOMETIMES TRUE D)SOMETIMES FALSE
Answer Posted / raju
False
It is not Accural Basis, It is Accrual Basis
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
what is undisclosed profit? explain
what is the procedure of interview question in genpact
DEfine SAP
what are the seven accounting rules
why are you selecting for the profitbulity analysis costing based& active based
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000
fridge was capital or revenue?
how to do the recurring entries or steps to follow that
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
what did you mean by cash credit limit account ?
Is interest of a business unit Operating Expense or Non Operating Expense