what is legal meaning of CLEAR BALANCE mentioned in
bank passbook of a saving account ?

Answers were Sorted based on User's Feedback



what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?..

Answer / neeraj khurana

Clear balance means the amount lying n account after
considering all transactions viz. debit and credit by bank
till that date ...that is ---other than any uncleared
cheque if any of uncleared credit if any till the closing
hours of bank for that particular date

Is This Answer Correct ?    26 Yes 7 No

what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?..

Answer / pradip patil

Tally both side debit and credit means clear balance

Is This Answer Correct ?    13 Yes 3 No

Post New Answer

More Accounting General Interview Questions

what is the difference between journal entry and ledger

5 Answers  


Purchased 10 pcs Mouse @ 230 from TC Ltd and get another 2 pieces as free sample.

4 Answers  


Rent outstanding:2500

1 Answers  


what is the difference between accounting and bookkeeping?

0 Answers  


What is mean by capital gain

4 Answers   TCS,






what is the last date of deposit TDS on liability for the assessment year 2010-11

0 Answers  


what is goodwill?

6 Answers   ABB,


what is npa?

3 Answers  


Who is debtor purchaser

0 Answers   ABC,


difference b/w trading a/c & manufaturing a/c.

3 Answers  


Derivative

2 Answers   Bank Of America,


5. What would be the pay-back period of a project requiring initial investment of $10,000/- and expected to generate a cash flow of $ 2,000/- per year?

1 Answers  


Categories