Answer Posted / agin

It is a system in which accounting entries are made on the basis of amount having become due for payment or receipt. This system recognizes the fact that if a transaction or an event occurred, its consequences cannot be avoided and therefore, should be brought into book in order to present a meaningful picture of profit earned or loss suffered.

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2043

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Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

1380

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Explain why retained earnings have an opportunity cost associated?

3476

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Should I have perfect credit score, that is, above 800 credit score?

1783

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income from depreciated asset is profit or loss?

1490

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how to calculate share values of a company.

2174

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what is Exposure ?

1983

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What are Corporate Action?

2752

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Is WCT paid to be considered as overhead during costing in construction firm?

2016

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Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund

2240

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You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6

1529

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what is the frienge benefits tax?what is usefull?

2075

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2252

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Expand CASA

2045

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outstanding expenses, prepaid or unexpired expenses

4003

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