Answer Posted / prakash jha
ACCRUAL MEANS RIGHT TO RECEIVE WHEREAS DUE MEANS RIGHT TO ENFORCE TO RECEIVE THE SAME.
FOR EXAMPLE
SALARY OF A DECEMBER MONTH IS ACCRUE ON DAILY BASIS AS WE PERFORMING OUR JOB BUT IT IS DUE ON A PARTICULAR DATE AS DECIDED BY THE MANAGEMENT MAY BE FIRST WEEK OF NEXT MONTH.
| Is This Answer Correct ? | 42 Yes | 2 No |
Post New Answer View All Answers
If income and expense both are equal then what it depicts
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
can payorder be issued for outstation?if yes then how?should it be account payee?
My BASIC Salary is 18,000
what are all the formulas used in bank to calculate their economy
What is Free Cash?
what is similarites between tata motors and airtel
How do you avoid loss situation
Expand-----RTD
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
Define `Realisation` Account? Explain the salient features?
Give a brief explanation of the fundamental accounting concept of prudence
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?