Need of Internal check on Purchases & Sales in Hotel Industry - All you want to know!!!

access_time 2019-12-14T06:49:07.636Z face Febin Joseph
The hotel industry is a broad category of fields within the service industry that includes lodging, food and drink service, event planning, theme parks, transportation, cruise line, traveling, airline and additional fields within the tourism industry. The hotel industry as we know it today really go...

Batch costing?

access_time 2019-02-02T05:08:24.270Z face CA N Raja
We can say batch costing is an extension of job costing.Here homogenous products will be produced in a continuous production flow and what do we mean by Batch here? Batch means small number of orders passed through the factory . Each batch will be treated as Cost Unit and they will be separately Cos...

Fundamental Accounting Assumptions

access_time 2019-01-11T07:00:03.407Z face CA N Raja
These assumptions can be divided into Three First one is Going Concern.second one is accrual number .and third one Consistency.These assumptions are general in nature and users can assume that financial statements are prepared on these assumptions only. It means no disclosure is required when financ...

Why we say like this?

access_time 2018-12-23T05:09:12.188Z face CA N Raja
If I ask you what is the accounting entry for salary paid - will you say Salary account Debtor To Cash Account Or Salary account debit To cash account ??????????...
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