Which sistuation Current Assets become worKing capital?
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Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
get fixed assets items
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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
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'Talk me through an example of how you have used data to improve your teams productivity.'
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Explain me by saying, perpetual or periodic inventory system; what do we mean?
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
