rama krishna, chirala

• Jul 26th, 2007

Generally accounting is the art of recording, clasyfing ,and summarising the business transactions. here the second one classifying which deals with the partitioning of activities in different groups

giri

• Mar 24th, 2006

Partitioning is nothing but grouping based on the cluster which is similar kind of response by a system..

Answer Question  Select Best Answer

Wasting assets are those which will decrease by the consumption. ex:- coal mines

What is Back Flash Accounting and explain with an example

Muralidharan J

• Jul 25th, 2007

When you report Finished goods production in the system,?raw materials/packing materials/chemicals will be issued automatically by the system as per the Bill of materials specified in the system for that specific finished?product?

Answer Question  Select Best Answer

How does posting acctounts payable and receivable effect the general ledger?

Muralidharan J

• Jul 25th, 2007

Once the posting is done, then the debtors/creditors ledgers are updated and the correct balance is reflected in the ledgers.

Answer Question  Select Best Answer

Appropriation is an estimate of expenditure to be incurred. It serves as a benchmark upon which the actions and performance of a governmental unit are measured. It helps monitor and set control to budgetary expenditures; a means by which variances are determined by comparing actual expenses with appropriated balances.

Chandra Shekar

• Jun 17th, 2007

Premises is and Fixed Assed in the accounting sense which is shown in the balance sheet in final accounts Vat adjustment is  out put tax - input tax  the vat which is paid on purchase will be decucted from vat colledted from sales this adjustment is known as vat adjustment

Answer Question  Select Best Answer

Ramesh Sangameswaran

• Jun 11th, 2007

Service Tax is a form of indirect tax imposed on specified services called taxable services. Presently it covers 58 services.? service tax shall be paid by the service provider but?collected f...

Answer Question  Select Best Answer

nilesh

• Jun 8th, 2007

Bank reconciliation statement means uncleared deposited & issued cheques.

tharaka

• Feb 1st, 2007

To adjust the difference between bank passbook and company cash book is calles brs

Answer Question  Select Best Answer

The principles of developing an accounting information system do not include a usefulnessb flexibilityc cost effectiveness d elimination of human involvement

Rakesh Gupta

 Profile Answers by Rakesh Gupta Questions by Rakesh Gupta

• May 9th, 2007

It depends on where you are using this abbriviation.SLA stands for Service Level Agreement Where in you are entering with the other departement of your organisation for performing some duties. ie Purc...

Ramamoorthy

• Mar 13th, 2007

SLA refers to Service Level Agreement.

Answer Question  Select Best Answer

UshaRani.R

• Mar 1st, 2007

Timesheet is a record of workers working hours in a factory.It could be used to calculate the average hours - delays and avoidance caused due to break down of machinery,failure of electricity,time tak...

Viswanath

• Aug 28th, 2006

Timesheet is an approved document by a Authorised person of the particular Porject where employee is working , for the work done by the Concerned employee/consultant along with the descreption of work...

Answer Question  Select Best Answer

mohdazam

 Profile Answers by mohdazam Questions by mohdazam

• Feb 24th, 2007

BIILS RECEIVABLE IS AN CURRENT ASSET TO THE BUSINESS, WHEN V SELL TO ANY CUSTOMER IF HE CANT PAY THE AMT V GIVE HIM A DOCUMENT ASKING HIM TO PAYING WITHIN A SPECIIFIED  TIME.EXAMPLE : MR.X SOLD G...

shailendra kumar

• Dec 28th, 2006

BILLS RECEIVABLE, in merchant accounts, are all promissory notes, bills of exchange, bonds, and other evidences or securities which a merchant or trader holds, and which are payable to him.

Answer Question  Select Best Answer

SONIA AGARWAL

• Feb 6th, 2007

Hi Sagar Your question is very good, in my opinion answer is Liabilities are credit and assets are debit side(Right Side), In Indian Accounting rules the performa is this. But US and UK use Assets...

shailendra

• Dec 28th, 2006

hi,it may be help u in understanding y labilities is shown in left side n assets is shown in right side.we all knows that left side is represent the debit balance n right side represent the credit&nbs...

Answer Question  Select Best Answer

SONIA AGARWAL

• Feb 5th, 2007

Calender maintaince means update the sales , purchase and accounts records. Simply meaning is maintain the records monthly, quaterly, half yearly and yearly.

Answer Question  Select Best Answer

anuradha

• Jan 30th, 2007

Meaning of Accrual: Revenues and costs are accrued (gathered), that is recognised as they are earned or incurred (and not as money is received or paid) and recorded in the financial statements of the ...

Answer Question  Select Best Answer

shailendra kumar

• Dec 28th, 2006

Generally, it is the allocation of all time, material and expenses to an individual project or job; specifically, JOB COSTING is normally software based and provides for budgeting, forecasting, collecting and reporting on the expenditure and revenue associated with specific projects or jobs

Answer Question  Select Best Answer

balaganesh

 Profile Answers by balaganesh Questions by balaganesh

• Nov 7th, 2006

Transactions that take place after the closure of financial books, but before placing it in AGM.

prasanth

• Aug 14th, 2006

 Transactions which happened due to catastrophic events i.e unsual circumstance example: earthquake, flood, psunami etc are called extraordinary items.

Answer Question  Select Best Answer

balaganesh

 Profile Answers by balaganesh Questions by balaganesh

• Nov 7th, 2006

1) Make the creditor, your debtor 2) For good creditor, give discounts & offers3) For bad creditor, inform your position of willingness but inability to sustain relationship keeping in mind our business position.

pankaj kumar mehta

• Oct 19th, 2006

credit control is done by two way one is with the help of govtanother is ,with the help by govt+central bank of a conturyfor e.g. change in bank rate,change in margin requirement of loan,change in cash reserve ratio ,change in liquidity ratio ,change in tax rate etc. 

Answer Question  Select Best Answer

vijay saxena

• Oct 24th, 2006

planning is future goals of any business aspect they can be categorised into three partsstratigical planning uses by top level management.(board of director, M.D for 5-10 yrs long)tactical planning us...

sajeev

• Oct 22nd, 2006

It is  a common question in interview, on the basis of cv Planning is a group work, so we find what work we done on the planning process. Every work is group work so we find what work we done in every part of Accounting

Answer Question  Select Best Answer

srinivas g

• Oct 14th, 2006

in business transactions which is a recent transaction .it is call dormat account

Answer Question  Select Best Answer