Answered Questions

  • Sep 20 2005
    12:47 PM
    17700
    8

    What is an accrual ?
    • Jennifer

    A provision of costs.

    Manojkumar Balakrishn

    • Aug 20th, 2007

    Accruals allow expenses to be reported when incurred, not paid, and income to be reported when it is earned, not received. An accounting method that measures the performance and position of a company...

    rama krishna, chirala

    • Aug 2nd, 2007

    An accrual means recording the transactions, to the related period financial statements for example m/s james & co. has policy that to pay rent of the month at the 3rd of next month. if company prepar...

  • Jul 30 2005
    11:07 PM
    3903
    13

    What are the various means of calculating depreciation?

    syed ishaq

    • Oct 16th, 2007

    There are 6 type of calculating the depreciation. namely1) Straight Line Method,2) Written Down Method,3) Annuity Method,4) Sinking  Method,5) Machine Hour Method,6) Production Unit Method.