Answer Posted / ravi

personal : name of the persons&organisations
rule : "debit the receiver credit the giver"
real : include fixed assets,current assets
rule : "debit what comes in credit what goes out"
nominal : deals with exp& incomes
rule : debit all exp&losses, credit all incm&gains

If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.

1754

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What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

1685

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Expand ________FIPB

1650

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Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

1925

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What are Home Equity Loans ?

1752

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Is interest of a business unit Operating Expense or Non Operating Expense

1496

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Mention some of the major contributions made by you in your present and previous jobs

5635

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What is back value adjustment/correction in Nostro Reconciliations?

7193

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what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

1801

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How goodwill is accounted for the first time in a company .

1597

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Expand-------BANT

1707

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i need sbi bank clerk exam model question papers

1942

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Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1845

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what are the differences between Tally and Focus?

7401

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what is the difference between planned and non planned budgt

1563

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