Explain accounting concepts
Give a brief introduction of the term ‘accounting concepts’?
Expert
Accounting concepts are those basis suppositions upon which essential procedure of accounting is depending.
The basic accounting concepts are illustrated below:
i) Business Entity Concept ii) Dual Aspect Concept iii) Going Concern Concept iv) Accounting Period v) Concept Cost Concept vi) Money Measurement Concept vii) Matching Concept
Describe briefly the term Factory overheads?
Describe distinguish between the term Cost Accounting and Management Accounting?
Briefly describe the accrual basis of accounting by describing the principles involved.
Give a brief introduction of the term capital budgeting? And also describe its significance?
What does a company have to do if the issue of debentures has a maturity period of 18 months?
Briefly describe endowment policy method of calculating depreciation?
Provide a brief introduction of the term Bank Reconciliation Statement?
Write down the agencies which are authoritative to do credit rating in India?
Briefly elucidate your investment bank strategic in common? Way of work and methods you take?
Describe briefly the term Indirect labor cost?
18,76,764
1957075 Asked
3,689
Active Tutors
1416986
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!