Accountancy, asked by shantkumar12, 2 months ago

why there is a difference balance shown in the asset side of the balance sheet​

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Answered by sruti1212
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Answer:

There is a difference between cash accounting and accrual accounting in the US standards. There are also times when tax accounting will require this, in US accounting. For example: Let's say that you are a book ...

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This is an A2A. Expenses incurred by the company in its own formation, and some expenses which ...

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