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.
Powdery mildew disease is controlled by spray of
Irrigation water safely used for irrigation purpose have SAR value
Why is ploughing along contours recommended in sloped agricultural lands?
Tendrils of the tropical orchids we use as flavoring (Vanilla spp.) originate from
The Daughter cells produced after mitosis will have ___________ number of chromosomes as original cells.
Veneer grafting, also known as bud grafting or chip budding, is a horticultural technique used to propagate plants by joining a bud or bud shield from o...
What is the empirical relation between mean median and mode in positively skewed frequency distribution?
Which test is used when sample size is large (>30) and population standard deviation is known?
Which fruit is richest source of Riboflavin?
Which of the following does not act as antitranspirants in the plants?
