babillail, Accounting Basics

show deeply
Posted Date: 2/8/2013 2:04:17 AM | Location : USA







Related Discussions:- babillail, Assignment Help, Ask Question on babillail, Get Answer, Expert's Help, babillail Discussions

Write discussion on babillail
Your posts are moderated
Related Questions
How do I complete this chart

Ledger = From the Journal entries we will post the transactions in a book known as Ledger. Ledger is a book which contains the summarized and classified form of permanent record

Assignment on Generally Accepted Accounting Principles

Q. LIFO under periodic inventory procedure? The LIFO (last-in, firstout) method of inventory costing presume that the costs of the most recent purchases are the first costs cha

Consumers and others: Consumers' organizations, welfare organizations, media and public at huge are also interested in condensed accounting information so as to appraise the effic

Q. Define Gains and Losses? Gains are raise in equity net assets from peripheral or incidental transactions of an entity as well as from all other transactions and other events

Explain the term- CASH SHORT AND OVER This account is used to record both a shortage and overage of cash in cash drawer. When change is made during a business day, mistakes can

Define Accounting. Briefly explain the accounting concept which guide the accounting at the recording stage?


Reliable information is essential before decision makers can make a sound decision involving the allocation of scarce resources. Accounting information is precious because decision