Answer / h.r. sreepada bhagi

An individual (A natural person), can open a Savings A/c in
a Bank (2 or more persons can open a Joint A/c or Karta of a
HUF can open a Savings A/c).

An individual or HUF can open Current A/c for Business or
Professional Transactions with a bank. Savings Bank carries
interest (Currently it's 3.5% in India), where as a Current
A/c does not earn any interest for the account holder.

what you mean by cross dunning

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Up to what time we can show TDS Receivables under Advance Income Tax A/c?

0 Answers  

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Rent paid rs 2000 in Jan and feb 2009. What will the entry in Feb 1st 2009.

27 Answers   Genpact, IBM,

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What is outsider equity and time interest period ratio?

0 Answers  

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what is service tax, how much calculated on service?

7 Answers   Capital IQ,

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In which account does tea and xerox will be taken into consideration

2 Answers  

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Q1. Assuming that a firm pays tax at a 50 percent rate, compute the after tax cost of capital in the following cases: 1. A 8.5% preference share sold at per. 2. A perpetual bond sold at per, coupan rate of interest being 7per cent. 3. A ten year, 8 per cent, Rs. 1000 per bond sold at Rs. 950 less 4 percent underwriting commission.

1 Answers  

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What is bank reconcilation a/c

4 Answers   Accenture,

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Expand---------DCAB

1 Answers  

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what are the items comes under personal,real,nominalaccounts?

4 Answers   Wipro,

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Why Net Result Of The Business Called Profit And Loss A/c Why Not Profit Or Loss A/c?

2 Answers  

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Paid a cheque for Rs 26500/- to Vishnu traders on behalf of Haritha trders for material supply

2 Answers  

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