Accounts are maintained on base of (1) Accrual Concept (2) Prudence Concept (3) Matching Concept

Question added by Muhammad Umair Arain , General Accountant , Heart Beat Medical Center & One Day Surgery LLC
Date Posted: 2015/04/27

Upvote (0) Views (1) Followers (4) Answers (4) Report Question

by Basharat Rasool Mirza , Accountant , Suhail Al Mazroui Trading Co. L.L.c.

1) on the basis of Accrual Concept

by Muhammad Akbar , Finance Manager , Design & Engineering Systems (Pvt.) Ltd

Accrual concept of accounting

by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(1) Accrual Concepts

Thnx

Upvote (1)

by khaled Ibrahim Sayed Abd El Salam Ibrahim , Chief Accountant , -ElMehy engineering company

Agree with All above (( Accrual Basis ))

Accounting does not record non- financial transactions because of...
Top Answer: (d) is the correct answer . Accounting transactions to be capable to measure in the money values See More

Answers (13)
Accounts are maintain on base of (1) Accrual Concept (2) Prudence Concept
Top Answer: Accounts are maintain on the base of solid and effective record and proof of transaction in the books of ... See More

Answers (9)
What is the difference between prudence concept and matching concept ?
Top Answer: matching concept is : math the expences with the revenue of the periord See More

Answers (1)
Differentiate between accrual and Prudence accounting.
Top Answer: Prudence Concept Accounting transactions and other events are sometimes uncertain but in order to be re ... See More

Answers (3)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.