Answer Posted / saikiran
Principles of accounting can also refer to the basic or fundamental accounting principles: cost principles, matching principles, full disclosure principles, materiality principles, going concern principles, economic entity principles, and so on. In this context, principles of accounting refers to the broad underlying concepts which guide accountants when preparing financial statements.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What exactly is derivatives segment. can u explain futures and options with examples...
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
Short Answer on _________Accounts Receivable
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
Short Answer on _________Business
what is the difference between sap and sas?
what are responsibilities of an accountant in a company?
When is a dedit note raised When is an expense booked
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
What is compensation theorem?
which are company offering jobs in PORTFOLIO MANAGEMENT ?
income from depreciated asset is profit or loss?
Tell me the steps for Import and Export Thanks
