No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question
  • 0 answers
  • 1 answers

Gursheel Makhija 8 years, 7 months ago

Cartage and carriage both is the same thing carriage inwards means money given for bringing the goods mtlb saamaan laane ke lie jo paise die jaate h usse carriage inwards khete h
  • 0 answers
  • 1 answers

Vidhi Jain 8 years, 7 months ago

The expenditure done or the liability incurred for the purchase of fixed assets,etc.these are non recurring in nature
  • 0 answers
  • 2 answers

Vikram Jha 6 years, 4 months ago

Assets means anything which will give economic benefits in future to the business

Vidhi Jain 8 years, 7 months ago

The tangible or intangible properties owned by a business which help the business to earn revenue is a n asset
  • 0 answers
  • 0 answers
  • 0 answers
  • 0 answers
  • 2 answers

Abhishek Srivastava 8 years, 7 months ago

Journal ia a book where transactions are recorded in first time called journal

Shainee Katiyar 8 years, 7 months ago

A journal is a book employed to classify or sort out transaction in a form convenient for their subsequent entry in the ledger
  • 0 answers
  • 0 answers
  • 1 answers

Sia ? 4 years, 9 months ago

  • GAAP is a common set of accepted accounting principles, standards, and procedures that companies and their accountants must follow when they compile their financial statements. 
  • IFRS is a set of international accounting standards, which state how particular types of transactions and other events should be reported in financial statements.
  • Some accountants consider methodology to be the primary difference between the two systems; GAAP is rules-based and IFRS is principles-based.
  • 0 answers
  • 1 answers

Yash Katyani 8 years, 7 months ago

Accountancy is art and science of account. It is a way to do accounting
  • 0 answers
  • 1 answers

Ujjwal Gupta 8 years, 7 months ago

Those persons from which we have to take money.
  • 0 answers
  • 0 answers
  • 1 answers

Taher Sadikot 8 years, 8 months ago

It is an expense but the benefit of the same will in next period so it is shown as an assets.

So add to asset "Miscelleneous Expenditure" part.

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App