Question { 3975 }

What is standing order

Answer

A Standing Order (or a Standing Instruction) is an
instruction a bank account holder gives to their bank to
pay a set amount at regular intervals to another account.
The instruction is sometimes known as a banker's order

Question { Mellon, 21876 }

What do you mean by trade cycle?

Answer

Trade cycle Or Business is a part of the capitalist system.
it refers to the phenomenon of cyclical booms and
depression. In a business cycle there are wave - like
fluctuation in aggregate employment income output and price
level. The term business cycle has been defind in various
ways by different econolisit.

Question { Mellon, 21876 }

What do you mean by trade cycle?

Answer

Trade cycle Or Business is a part of the capitalist system.
it refers to the phenomenon of cyclical booms and
depression. In a business cycle there are wave - like
fluctuation in aggregate employment income output and price
level. The term business cycle has been defind in various
ways by different econolisit.

Question { 9078 }

while we are paying salary what wil be the entry for tds
deduction

Answer

Salary A/c Dr. 100
To Tds on Salary Cr. 20
To salary Payable Cr. 80

Question { 5225 }

What is the difference between Balance Sheet and Fund Flow?

Answer

Find Flow- The net of all cash inflows and outflows in and
out of various financial assets. Fund flow is usually
measured on a monthly or quarterly basis. The performance
of an asset or fund is not taken into account, only share
redemptions (outflows) and share purchases (inflows).

Balance Sheet:-A financial statement that summarizes a
company's assets, liabilities and shareholders' equity at a
specific point in time. These three balance sheet segments
give investors an idea as to what the company owns and
owes, as well as the amount invested by the shareholders.

The balance sheet must follow the following formula:

Assets = Liabilities + Shareholders' Equity

Question { MTS, 5139 }

HOW PASS A TDS DUE ENTRY

Answer

when Salary Due:

salary a/c dr 30000
To salary payable 25000
To tds 5000
(for due)
When Payments of Salary

salary payable a/c Dr. 25000
tds a/c Dr. 5000
To cash 30000

Question { 18261 }

What is a zero debt company?

Answer

the terms are used interchangeably, unfortunatley. some
people refer to total liabilties as total debt. many
investors refer to debt as only interest bearing debt.

there's no clear answer, but the warren buffet thing, i
think he's talking about zero interest bearing debt, b/c
yes, of course those companies have other liabilities.