Answer Posted / swapna
Business entity concept: It is one of the main accounting
principle of accounting this concept says that Business
should be treated seperately from the properitor or investor
In simple words owner of the business should be treately
sepreatly from the business what ever profits come in to
the business should be taken in company account.
| Is This Answer Correct ? | 176 Yes | 21 No |
Post New Answer View All Answers
what is contigent liabilities? whats it status in balance sheet?
Expand---------MRDT
how many types of financial teribuanal? what is that?
reason for difference in Balance sheet (Asset side & Liabilites side)
Hello to every body ... Its not its not a interview question In accounting field can we make Money ?
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Expand---------OTMD
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
what are the content of purchase order?
Short Answer on __________Revenue
joint venture?
Explain significance of Nastro and Vastro in accounts?
