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Most viewed questions under tag accounting

0 votes
1 answer
What is features of manufacturing accounts?
posted Jun 24, 2018 by Suprana Dutta
  • accounting
+1 vote
0 answers
Raghu started business with cash 80000,goods 40000,
posted Mar 29, 2020 by Moumita Dey
  • accounting
+1 vote
1 answer
What are the accounting entries for a fully depreciated car?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • entries
+1 vote
1 answer
Where in the chart of accounts is a suspense account located?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
+1 vote
1 answer
What is the difference between a land improvement and a leasehold improvement?
posted Jul 3, 2017 by Naveen Kumar
  • accounting
  • difference
+1 vote
1 answer
Why is income received in advance a liability?
posted Jul 3, 2017 by Naveen Kumar
  • accounting
  • income
  • advance
+1 vote
1 answer
What level of detail is expected in cost management and financial accounting?
posted Nov 2, 2017 by Anurag Kashyap
  • cost management
  • finance
  • accounting
+1 vote
1 answer
What is the difference Between Cash and Accrual Accounting?
posted Sep 27, 2017 by Swati Tyagi
  • accounting
  • difference
+1 vote
1 answer
What is the difference between the Management and cost accounting?
posted Oct 30, 2017 by Kavana Gowda
  • cost accounting
  • accounting
  • difference
+1 vote
1 answer
What is the difference between periodic and perpetual inventory systems?
posted Jun 30, 2017 by Ananya Saha
  • accounting
  • inventory
+1 vote
1 answer
What are some reasons that cause the balance on the bank statement to differ from the cash balance on the books?
posted Jun 30, 2017 by Ritika Sharma
  • accounting
  • bank
  • balance sheet
+1 vote
1 answer
Is there a difference between the accounts Purchases and Inventory?
posted Jun 30, 2017 by Diya Borda
  • accounting
  • difference
  • inventory
+1 vote
1 answer
Why are assets and expenses increased with a debit?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • assets
+1 vote
1 answer
What is the entry to remove equipment that is sold before it is fully depreciated?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • entries
+1 vote
1 answer
How do I record an advance to an employee and the deduction?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
+1 vote
1 answer
What is the difference between personal account real account and nominal account?
posted Jul 7, 2017 by Shantanu Arora
  • accounting
  • difference
0 votes
0 answers
Management accounting
posted Jul 4, 2018 by Jamila Auni
  • accounting
+1 vote
1 answer
In what order are liabilities listed in the chart of accounts?
posted Jun 30, 2017 by Deepak Jangid
  • accounting
+1 vote
1 answer
Can auditing can be carried out in a computerized accounting?
posted Jun 21, 2018 by Caroline Makena
  • accounting
  • audit
+1 vote
1 answer
What recording systems are used for cost management and financial accounting?
posted Nov 2, 2017 by Amrita
  • cost management
  • finance
  • accounting
+1 vote
1 answer
What is the difference between net income and cash flow from operating activities?
posted Aug 1, 2017 by Naveen Kumar
  • difference
  • accounting
+1 vote
1 answer
What are the methods for separating mixed costs into fixed and variable?
posted Jul 28, 2017 by Nway Nadar
  • accounting
+1 vote
1 answer
What is the difference between an accrual and a deferral?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
  • difference
+1 vote
1 answer
Why doesn't the balance sheet equal the post-closing trial balance?
posted Jun 29, 2017 by Kavana Gowda
  • accounting
+1 vote
1 answer
What is the difference between net cash flow and net income?
posted Jul 3, 2017 by Abu Anam
  • accounting
  • difference
+1 vote
2 answers
What is Trial balance in accounting?
posted Oct 30, 2017 by Divya Shree
  • accounting
0 votes
The accounting concept where business is treated as a separate and die from its property it is [MCQ]
posted May 17, 2019 by Deepika Sonkar
  • accounting
+1 vote
1 answer
Why is Accumulated Depreciation an asset account?
posted Jun 30, 2017 by Diya Borda
  • accounting
  • assets
  • accounts
+1 vote
1 answer
Why does a company debit Purchases instead of Inventory?
posted Jun 29, 2017 by Kavana Gowda
  • company
  • accounting
  • inventory
+1 vote
1 answer
What is the difference between the cash basis and the accrual basis of accounting?
posted Jun 22, 2017 by Adarsh
  • accounting
+1 vote
1 answer
What causes a variation in profit margin and turnover ratios between industries?
posted Jul 28, 2017 by Abu Anam
  • margin
  • accounting
+1 vote
1 answer
How do I calculate the amount of sales tax that is included in total receipts?
posted Jun 22, 2017 by Adarsh
  • accounting
  • sales tax
+1 vote
1 answer
What product costs are measured in cost management and financial accounting?
posted Nov 2, 2017 by Anurag Kashyap
  • cost management
  • finance
  • accounting
+1 vote
1 answer
How do you record an owner's money that is used to start a company?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • money
+1 vote
1 answer
What is the difference Between Unearned Revenue and Deferred Revenue?
posted Sep 27, 2017 by Swati Tyagi
  • difference
  • accounting
+2 votes
1 answer
What is the difference between a balance sheet of a nonprofit organization and a for-profit business?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • balance sheet
  • difference
+1 vote
1 answer
How do I calculate the cost of goods sold for a manufacturing company?
posted Aug 29, 2017 by Prajwal C.m.
  • company
  • accounting
+1 vote
1 answer
What is the difference between financial accounting and management accounting?
posted Jun 22, 2017 by Adarsh
  • accounting
  • difference
+1 vote
1 answer
Why would the cost behavior change outside of the relevant range of activity?
posted Jul 28, 2017 by Ati Kumar
  • accounting
+1 vote
1 answer
What is the difference between accounts payable and accrued expenses payable?
posted Jun 30, 2017 by Ananya Saha
  • accounting
  • accounts
+1 vote
1 answer
How do I record money received for an insurance claim on inventory loss?
posted Jun 29, 2017 by Reshmi S
  • accounting
  • inventory
+1 vote
2 answers
What is the accounting entry to close the sole proprietorship drawing account?
posted Jun 22, 2017 by Chetan Hindu
  • accounting
+1 vote
1 answer
Is it okay to have negative amounts in the equity section of the balance sheet?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • balance sheet
+1 vote
1 answer
Is contributed capital a noncurrent asset or a current asset, and is it a debit or credit?
posted Jun 29, 2017 by Reshmi S
  • capital
  • assets
  • accounting
+1 vote
2 answers
What entry is made when selling a fixed asset?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • entries
+1 vote
1 answer
What is the difference between the current ratio and the quick ratio?
posted Jul 28, 2017 by Abu Anam
  • accounting
+1 vote
1 answer
What is the transaction approach and balance sheet approach to measuring net income?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • netprofit
+1 vote
1 answer
What are premises in accounting sense? What is VAT adjustment?
posted Jul 7, 2017 by Rupali Thakur
  • accounting
  • vat
+1 vote
1 answer
What is the difference between receivables and accounts receivable?
posted Jun 30, 2017 by Diya Borda
  • accounting
+1 vote
1 answer
What is the difference between adjusting entries and correcting entries?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • entries
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