let me know the meaning of Drawer,Drawee and payee of the
cheque
Answers were Sorted based on User's Feedback
Answer / aloku,omakpokpose david
Answer on the difference between the primary and secondary
capital market(sumary)
The capital market is divided into two,the primary market
and the secondary market.
The primary market is the market where a company tjat is
quoted can raise share to finance its business operation.It
is the market for a new share thwt has not be raised.In
other words, it is the market where funds that have not be
raised before can be raised.It is a market for Initial
Public Offer (IPO).
The primary market provides the room for the secondary
market.
The secondary market is the market where shares raised from
the primsry market are sold.In this case ,an agent is
required to sell the shares for you.
Both markets are regulated by different regulatory bodies
including the Central Bank of a nation.
| Is This Answer Correct ? | 16 Yes | 42 No |
What is the Formula of debt equity ratio? Also Define its importance in accountancy.
what does debit and credit mean in accounting and what is its underlying concept and its treatment. in the cash book dr means receipt nad credit means payment? is it correct?
Compare and contrast the accounting procedure followed by a sole trader and a partnership firm.
expand NASDAQ?
What is accrual? Give example for the same?
I am completed MBA finance & Mcom, I had 8 years experience in accounts field. I am interested in software. can shift my in software. whcih course i select
what is cash in flow and cash out flow?
Mr X has invest Rs.150000/- from his saving bank a/c for fixed deposit after maturity he received with interest amt Rs.165000/- He requested bank to renewed the same excluding inst amt.Bank after deducting charges credit the insterest amt to Mr. X a/c..pass the Journal entry in the books of MR.X
ABC Ltd. firm has a sales of Rs.6 crores, Variable cost Rs. 3.5 crores and Fixed cost of Rs. 0.65 crores. The firm has debt and equity resources worth of Rs.7 crores and 10 crores respectively. With the data given show : (i) The firm’s ROI. (ii) EBIT if sales decline to Rs.4 crores. (iii) If the industry’s assets turnover is 4 times, does the firm has high or low asset turnover? The cost of debt is 12%. Ignore taxation.
While processimg for vendor outgoing payments in f-53 i am getting error massage i.e.exchange rate difference incomplete in vendor g/l account and allowing me to clear the payment,how can i rectify this one,plz guide me?
Can anyone tell me that when we purchases a fixed asset like Machinery its our capital Expenditure and after acquetion of this assets the expenses like unloading loading, and some other parts for reparing purchase for this in which account i have to enter.
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry