Answer Posted / kshitij gupta 9997167258

The term concepts includes those basic assumptions or conditions upon which accounting is based. The following are the important accounting concepts:
1. Business Entity Concept
2. Going Concern Concept
3. Money Measurement Concept
4. Cost Concept
5. Duel Aspect Concept
6. Accounting Period Concept
7. Matching Concept
8. Realisation / Realization Concepts

what are your plans after completing your MBA (or) studies ?

1989

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can u let me know how the bankers calculate interest on O.D.account

2083

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What is the working formula for Working Capital Turnover

2121

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let me know the minimum Accounting Heads in an accounting system

4642

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i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

2240

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EXPAND_________SEAMEC

2006

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If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

2190

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Expand BEMS

2352

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Suppose the production is more and sales less then what will happen

1923

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What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

2275

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what are the uniform public construction cost accounting act procedures?

1957

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Explain why retained earnings have an opportunity cost associated?

3444

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Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

3262

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HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

2187

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Distinguish value andPrice

1938

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