Explain Convention of Conservation
Give a brief introduction of the term ‘Convention of Conservation’?
Expert
This accounting convention is usually expressed as to “expect all the prospect losses and expenses, with no considering the prospect incomes and profits if not they are really realized.” This concept stress that profits must never be anticipated or overstated. This convention usually executes to the valuation of current assets as they are valued at cost or market price either is lower.
Give a brief introduction about the term P/V ratio and Contribution?
Briefly explain the term overheads?
In what manner Revenue Expenditure affect the profitability statement in a period?
Why is Bank Reconciliation Statement made?
Under the assets side what types of items appear?
explain the accrual basis of accounting by defining principles involved
Give a brief introduction of the term Zero coupon bonds?
To make public issue what are the eligibility criteria for an unlisted company?
Explain what do you meant by the Bank Reconciliation? And how we can do its entry in the busy Software?
What do you understand by the term ‘Efficient market hypothesis’?
18,76,764
1949391 Asked
3,689
Active Tutors
1427426
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!