Explain Accounting Period Concept
Give a brief introduction of the term ‘Accounting Period Concept’?
Expert
The imprecise period of time is separated into shorter time periods, each and every one being in the form of Accounting period, so as to make easy the preparation of financial statements on periodical base. Selection of accounting period depends on attributes such as business organization, statutory needs and so forth.
What are the reasons to become an accountant?
What are the advantages and disadvantages of money measurement assumption?
Give a brief introduction of the term minimum subscription?
If equity shares are being issued at par what is the minimum application?
Write down the demerits of IFRSs.
Briefly describe the term labor turnover, its Effects and cost?
What are the three best golden rules of accounts?
Give a small introduction of the term ‘Gnatt Task Bonus System’?
Describe briefly the term Direct labor cost?
Is it okay to consider capital expenditures while computing the profitability of throughout a certain period?
18,76,764
1952840 Asked
3,689
Active Tutors
1423353
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!