what are concepts and conventions of accounting
Answer Posted / achhar dass
Concepts arer going concern concept, dull concept, business
entity concept
conventions are convention of disclosure,convention of
conservatisim
| Is This Answer Correct ? | 102 Yes | 132 No |
Post New Answer View All Answers
Expand SOIT
what are all the formulas used in bank to calculate their economy
when calculating for np% do i include interest or do i take it off
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
what is debit/credit note ? what deffered income and expencess?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
what can increase gearing?
why do you want to work here?
Assets are held in the Business for the purpose of____________________
What is revaluation of assets.when it occurs
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
Short Answer on ________Accounts Payables
what is exercise duty how to calculate that and how to update in tally
what is status report? and flow report?