which accounting concept this?, Accounting Basics

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All relevant information and explanations about a business have been included in its financial reports

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Common adjustments in balance sheet, COMMON ADJUSTMENTS AFFECTING THE PREPA...

COMMON ADJUSTMENTS AFFECTING THE PREPARATION OF BALANCE SHEET ARE: 1. Closing stock : Closing stock come into view on the credit side of trading account and assets side of

What is gross selling price, Q. What is Gross selling price? When a sal...

Q. What is Gross selling price? When a sale is on account it credits the Sales account as well as debits Accounts Receivable. The following entry records a USD 20000 sale on ac

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I want a company law assignment

Income and expenditure accounts, format of the account

format of the account

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What is evaluated receipt settlement, ERS is a business process among tradi...

ERS is a business process among trading partners that conduct commerce without invoices. In an ERS transaction the supplier ships goods based upon an Advance Shipping Notice (ASN)

Inventory or incidental cost, While perusing medical practice, is the cost ...

While perusing medical practice, is the cost of supplies, for patients on site, considered as an inventory, or an incidental cost? With 2 million in sales the chemotherapy medicine

Why you want to change from hardware sector to fmcg sector, This is due to ...

This is due to every organization wants profit to operate, and as results the fmcg gods turn to have a moving market than that of the hardware goods, because the products does not

What are the ratio trends, Profitability refers to a company's ability to o...

Profitability refers to a company's ability to obtain profits and positive cash flows and to its ability to obtain an adequate return on invested capital or a company's ability to

Explain about accounting period, Q. Explain about Accounting period? As...

Q. Explain about Accounting period? As those interested in the activities of business need timely information companies must prepare financial statements periodically. To organ

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