Answer / kailash

RTGS = Real Time Gross Settelment.
NEFT = National Electronic Fund Transfered (for below 2
Lakh)

Answer / sajjad rehman

RTGS stand for real Time Gross Settlement its mean transfer of fund in real time and in Gross settlement in this system funds are transfer instantly approx within 2 Hrs to beneficiary's bank account, which is more then 2 Lake,

NEFT stand for National Electronic Fund Transfer in this system funds are transfer in net settlement, its take more time and transferable less then 2 Lakes.this method is mostly adopt by Small Enterprises.

Some bank have this facilities but not all.

What do you mean by TDS?

2 Answers   HSBC,

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whst is detailed information aboutaccounting standards 20to 29

0 Answers  

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fill in the Blanks The minimum amount of remuneration allowable to the working partners is___________

1 Answers  

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What is called Take Over?

2 Answers  

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

0 Answers  

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In direct and indirect expenses we know direct means expenses incured durning prodution process, indirect means expenses incureed after prodution process, apart from manufacturing concern , what do mean by direct & indirect expenses.

3 Answers  

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In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

0 Answers  

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WHAT IS THE DIFFERENT BETWEEN MERGERS AND ACQUSITION?

1 Answers  

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Define a Promissory Note

1 Answers  

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What do mean by Computerization of accounts

0 Answers   Telco,

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WHEN CREDITORS SHOULD BE COME UNDER DEBTORS IN WHAT SITUATIONS EXPLAIN WITH EXAMPLES

2 Answers  

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what is net turnover and how to calculate?

2 Answers  

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