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Start learning 50% faster. Sign in nowAccruals are transactions for which revenue or expenses have been earned or incurred but have not yet been recorded in the books. They are recognized through adjusting entries at the end of an accounting period to ensure that the financial statements reflect the correct revenue and expenses for that period. By making an adjustment entry, the company can match revenues and expenses with the accounting period in which they are earned or incurred, in accordance with the accrual accounting principle.
Which of the following banks type can issue Certificate of Deposit?
Where in the World can we find the Nobel museum?
As of June 2019, which nuclear power station of India produces maximum power?
The allocation towards health and well-being was increased by ______ over the previous year in Union Budget 2021-22.
Which of the following tracks is not part of the G20 Summits?
What is the total investment for establishing 500 new 'waste to wealth' plants under the GOBARdhan scheme announced by Smt. Nirmala Sitharaman in FY Bud...
Choose the correct statement(s) related to ‘continentality’.
a. The sea exerts a moderating influence on climate.
b. As the distance f...
Which is the largest chemical fertilizer producer in India?
Who among the following gets the credit of founding the Garhwal Regimental Centre?
What is the maximum investment limit for retail investors in primary issuances of Government Securities (G-Secs)?