Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is MERCANTILE Accounting system?
how many accounting systems are followed in India

Answer Posted / venkatesh

Mercantile System of Accounting is also Known as Accrual
System of Accounting where all the transactions are
recorded irrespective of period of Amount recived or paid.

In-other words it is a system of Accounting where amount
paid or payable is recorded. Presently every company is
following this.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1809


what is circuit filter?

1878


I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1885


Short Answer on -----Trade mark

1855


what is the difference between planned and non planned budgt

1943


institutional investors?

2014


income from depreciated asset is profit or loss?

1420


If someone knows about the test pattern of Junior executive accounts than please share.

2080


What is Budgeted capital ?

1935


How to raise my credit score if I have 500 credit score?

1950


can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com

2043


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1887


what is Calculation of Gross Profit Or Gross Loss?

2184


purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

1965


please provide wct retun guide line how can prepaire that

2353