If A are issueing a Cheque to B when B will present the Chq. in Bank than what entry will be prepare by the Bank in Their Books ?

3 Answers  

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In Accounting Terms 1. what is meant by debit Rs.1000/- to Mr.Ramu account ?. 2. What is meant by credit Rs.1000/- to Mr.Ramu account ?. 3. What is meant by Ramu account was Debited or Credited ?. 4. Generally in accounting terms what is meant by Debit or Credit His / Her account ?.

2 Answers  

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what is the differene between sheduler bank and non sheduled bank with respect to crr and slr?

1 Answers  

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Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 Answers   Ignou,

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What are the important things to be remembered while preparing a bank reconciliation statement?

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How to approval an invoice

1 Answers   Accenture,

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Tell me do you think there is any difference between inactive and dormant accounts?

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What is the unique thing about employees that employers expect to see at an interview.?

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What is the difference between personal account real account and nominal account?

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what is journal entry for cash received

11 Answers  

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iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

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What do you mean by Rollforward and open item in Accounts Reconciliation?

1 Answers  

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