what is different b/w current a/c and savings a/c?
Answer / amir khan
You have limit for withdrawing the money in saving account. You also get interest for deposited money. Generally people have saving account.
Whereas in current account there is no limit for transactions usually businessmen have current account, sometimes banks also charge the amount for the services.
| Is This Answer Correct ? | 0 Yes | 0 No |
explain the difference between LIFO and FIFO?
what is the entry for cash received and after deposited in to the bank
What is the entry posted for GRN (Goods received Note)? If the stock received from the party what entry have to post in books? And in which a/c it has been hit?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
what are the different types of invoices?
15. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security
4 Answers Capital IQ, FactSet Systems, Wells Fargo,
When oustanding expense is give in the TB and corresponding expense is not then how will we the same? Eg.: Outstaning salary 100 given in the TB and salary for the month is not there to add oustanding with the same. In this situation how will we treat the same. Only in profit & loss account or in balance sheet or both or?
Can anybody tell me the placement of the following ledgers in the Trial Balance 1.Loans and Advances 2.Interest on Capital 3.Customer Deposit 4.Preliminery expenses 5.Insurance claim
company accounts & final accounts?
proposed devidend is approved by .... options are: A.BOD B.share holder C.SEBI D.general body meeting
input vat and out put vat comes which head?
Expand ________HDFC