when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?

0 Answers   Genpact,

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A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.

1 Answers  

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what is accural ledger

3 Answers   Bank Of America, HSBC,

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Outstanding expenses and Provision for any expense will come under liability side...? Though it is basic question, it is to ensure the answer.

2 Answers  

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What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.

0 Answers  

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MY QUESTION IS OUR EMPLOYEE PAID SCHOOL FEES & TUTION FEES & BUS FEES FOR CHILD EDUCATION. IN WHAT KIND OF FEES WE TAKE DEDUCTION UNDER 80 C.

2 Answers  

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Outstanding Income & Advance income - Will it be shown in P&L..? In b/s which side, it will be shown..?

11 Answers  

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if we have taken Mobile phone for employees use ,can we taken as assests for the company ? then what is the deprecation rate ?

6 Answers  

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why we transfer wages and salary in trading a/c,and why we transfer salary and wages in p/l a/c?

2 Answers  

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where is transfer company director salary ? is in current liabilites , expenses or other?

5 Answers   Capital IQ,

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what is inter-company transaction? what is Inter-Branch transaction?

0 Answers  

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Do you know what is project implementation?

0 Answers  

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