Answer / sreenatha reddy a

Accounting is for recording Business Transactions and to now the Business is Carried on with a profit or not

where as finance is to invest certain amount in any investment that yields profit or Loss and to decide/choose which investment is best to Invest the Finance it is helpful

Answer / prathiba.p.v@gmail.com

Account is an summarized record of all transactions relating
to a particular person, a thing of an item of income or
expense. It is vertically divided into two halves &
resembles the shape of the English alphabet T.
Finance the matters relating to the supply & demand of
monetary resources in a business during the normal course of
business activities concerned with raising capital, payment
of dividends, raising loans and overdrafts.

Differentiate between equity and stock.

1 Answers  

---

Why do you want to work as an accountant?

2 Answers  

---

what is budgeting and steps required to configure this.

1 Answers   Meru Cabs, Virtual Studio,

---

Please tell me jurnal entries for input vat and output vat?

1 Answers  

---

how loan is different from debenture?

5 Answers   State Bank Of India SBI,

---

Provisioned for electricity for the previous month's bill Rs. 8000 (pass journal entry)

1 Answers   SSPL,

---

What steps would you take to locate the errors in case trial balance disagrees?

0 Answers  

---

calculations of income tax & tds

1 Answers  

---

Explain the types of ledger?

0 Answers  

---

what means by goodwill?

3 Answers  

---

Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense

1 Answers  

---

What is a contra entry

5 Answers   Genpact,

---