An expense becomes an accrual because it
...An expense becomes an accrual because it
Is due for payment
Is a Profit and Loss Account item
Is a Trading Account item
Is to be paid within the next one year
Must appear in the balance sheet
Correct answer is A
No explanation has been provided for this answer.
The sales day Book is used to record ...
A part of public company's profit belonging to the shareholders is ...
Stock of finished goods: Jan 1st Dec 31st Stock of Raw materials:...
In analyzing incomplete records, which of the following should be investigated? ...
An increase in government expenditure within a year is taken care of by means of ...
The authorized share capital is ...
\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & D & D \\ \hline \text{Stock} & 1,46...