Answer Posted / shilpa
Mercantile system of accounting is that system of
accounting where amount paid or payable,received or
receivable accounted.It is also known as Accrual accounting.
Presently every company is following that.
| Is This Answer Correct ? | 13 Yes | 2 No |
Post New Answer View All Answers
EXPAND___________IMA
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
Short Answer on ______Budget
what is the difference between accounts manager and finance manager?
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
What is Home Loan Modification?
Short Answer on ______________Import Trade
what are your plans after completing your MBA (or) studies ?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
Expand-------ACNS
Expand-------BANT
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
Telly ERP9 is perfect accounting softwear in excise unit.
why are you selecting for the controlling area same company code?
income from depreciated asset is profit or loss?