Cash system and mercantile system of accounting
Write down the difference between cash system and mercantile system of accounting?
Expert
In mercantile system, expenses are considered as expenses throughout the period to that they pertain. Likewise, incomes are considered to be incomes throughout the period to that they pertain. This method of accounting is considered to be more perfect. On the hand, in cash system, expenses are considered to be expenses only if they are paid for and the incomes are considered to be income if they are really received. This system of accounting is mostly employed by the organizations established not for earning the profits.
What are the levels of bargaining leverage?
Write a brief note on the term false advertising?
What are the Strategic drawbacks of Vertical Integration?
Explain about the acquisition of an existing business.
What are the strategies for weak and crisis-ridden businesses?
What are the actions in a successful business turnaround involved?
What are the criterions for screening new acquisition candidates to keep or strip accessible businesses?
What are the five important points which must be considered whenever preparing to write a report?
Briefly illustrate what does HAZOP signifies for? Also state with what four questions is the HAZOP study mainly concerned?
What are the managing procedure of developing and strengthening competences and capabilities?
18,76,764
1958417 Asked
3,689
Active Tutors
1420732
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!