A trader calculated his profit as Rs.150000 on 31/03/2014. It is an
A trader calculated his profit as Rs.150000 on 31/03/2014. It is an
A trader calculated his profit as Rs.150000 on 31/03/2014. It is an Read More »
April 2022
Debit the receiver & credit the giver is…….. account
Debit the receiver & credit the giver is…….. account
Debit the receiver & credit the giver is…….. account Read More »
M/s Stationery Mart will debit the purchase of stationery to
M/s Stationery Mart will debit the purchase of stationery to
M/s Stationery Mart will debit the purchase of stationery to Read More »
Human resources will not appear in the balance sheet according to ______concept
Human resources will not appear in the balance sheet according to ______concept
Human resources will not appear in the balance sheet according to ______concept Read More »
If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by
If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by
Consistency with reference to application of accounting procedures means
Consistency with reference to application of accounting procedures means
Consistency with reference to application of accounting procedures means Read More »
The proprietor of the business is treated as creditor for the capital introduced by him due to…… concept
The proprietor of the business is treated as creditor for the capital introduced by him due to…… concept
If nothing is given in the financial statements about the three accounting assumptions then it is to be treated as it
If nothing is given in the financial statements about the three accounting assumptions then it is to be treated as it
A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated.
A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated.