Question
Accruals are recorded in the books of accounts
through:Solution
Accruals 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.
The arithmetic means of the following data is.23,17,20,19,21,20,20
A ball is thrown from a height of 900 m on the ground. It bounces (2/3)Â times of its every last bounce. Find the total distance covered by the ball ti...
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Calculate the mean of these values:
25, 30, 28, 27, 29, 26, 32, 31
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If the number 9458k2 is divisible by 8, then find the number of possible values of 'k'.
The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 1875. What will be the total amount received after 2 year...
If p:q = 5:7 and p + q = 408, then find the value of (q - p).
What is the median of the following list of numbers: 5, 3, 6, 9, 11, 19,12,20, and 1?
