Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between a company's balance sheet &
a bank's balance sheet.what is the negotiable instrument
act . is cheque a negotiable instrument.
- 4 Answers
- 31634 Views
- ESIC, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rao
Companies B/S: It is prepared in the format as specified
(verticle or Horizental form)in Part 1 to shedule VI of the
companies act 1956.
Any deviation fromt this format leads to improper
maintenance of books of accounts under companies act.
Bank B/S: It is perpared in the specific format as
specified by the banking regulation Act.It consists 11
shedules.
Negotiable instument: any thing which is specified as a
negotiable instrument under the negotiable instuements act
(should satisfy the featues specified like transferability,
convertability into cash etc).
Eg: Bills of exchage
Cheque
Draft
| Is This Answer Correct ? | 56 Yes | 9 No |
Answer / sasi
Comapany's balance sheet will be preapred as per the
company's act and bank's balance sheet follows the banking
regulation act.
An intrument wihch is negotiable (tarnsferable) is called
negotiable instrument which should adhere to the negotiable
instrument act. Cheque is negotiable instrument.
| Is This Answer Correct ? | 63 Yes | 17 No |
Answer / arvin
IN company balance sheet loan shown on liability side whereas in Bank balance sheet it shown on the asset side.
| Is This Answer Correct ? | 24 Yes | 6 No |
Answer / rbm
company's balance sheet includes account and amount posted
from companys' transactions. banks balance sheet includes
amount and account under banks discretion.
a cheque is a negotiable instrument.
| Is This Answer Correct ? | 29 Yes | 23 No |
Expand -------CTEI
what is the meaning of derivative.
25 Answers Capital IQ, PAD, UBS, Unicon,
How to treat the provision for bad debts which appeared on the credit side of the P&L A/c?
Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
What are the Functions of Accounting
Expand CMPF?
EXPAND______________ONGC
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
details about capital market and derivatives
WHAT DO WE MEAN BY CURRENT ACCOUNTS SEPARATE FROM SAVINGS ACCOUNTS.
HIREPURCHASE VS INSTALMENT PURCHASE
Audit 
