Latest Answer : Perpetual updates the inventory immediately Periodic inventory updates on monthly basis. ...
Which of the following dose not included in the Government accounting Balance sheet: 1) Asset, 2) Cost, 3) Liability, 4) Surplus.
the person who has been in the mid career level as asst.mgr ,taking care of various function and porfolios of accounts department and expert knowledge in accounting concepts is said to be ab manager -accounts
Latest Answer : when we see their difference from broad organizational reviewthe function of accounts manager1. the approval of the accounting system utilization and calculated amounts in supportable documents ,for example in journal vouchers2. the approval of the newly ...
Tell me about a time you identified a problem and came up with the solution?What did you do?Describe a typical day at your current employer?Describe a project that required a high amount of energy over
Latest Answer : Friend,The questions you have posted are quite common questions and are no way related to accounts manager as such.Anyway, Accounts manager is the person who looks after all books of accounts, ledgers, cash books, vouchers, requisition slips, etc.He is ...
What is purchasing order?What is vendor?What is sarbanes-oxley act?what is debit and credit note?What is basic accounting principles?what is dual aspect concept?what is depreciation? and how many types and details?what is cash flow and funds flow?what is capital gain?
Latest Answer : Departmental accounting is not a norm as far as I know.It is so because, each department does not need to calculate its profits or losses.In case where the company needs any department or a set of departments to work in such manner where their profit/loss ...
The principles of developing an accounting information system do not include a usefulnessb flexibilityc cost effectiveness d elimination of human involment
What are the advantages of Computer accounting over Paper accounting?
Latest Answer : There are more than thinkable advantages of computers for accounting purposes.First: For management accounting purpose, or for that matter if you are running a company, you need to know exactly whether you are on schedule. That can be done if the accounts ...
Latest Answer : 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 ...
If i have paid for something why cant i expense the entire amount on the income statement?why do we need to make an adjustment to the insurance policy at the end of the year? wouldn't it have easier to record the entire balance as an expense in November when the policy was ?purchased?why do I need to take an inventory count of my supplies at the end of the year?If I receive the Hydro bill on August 5th, why don't we record the transaction for the next fiscal period rather then include
