Answer Posted / ashish srivastav

Repo is short term whereas Bank rate is long term. Thus
Repo rates are also called short term lending rate and Bank
rates are called long term lending rates. Now if the Repo
rate > Bank rate, it signifies that short term borrowing of
funds is more expensive for commercial banks. Incedentally,
this short term borrowing through Repo is required by the
banks to maintain its CRR. Thus if Repo rate is increased,
bank will reduce its lending to public because to maintain
the CRR bank will have to now borrow from RBI at a higher
Repo rate. Thus increase of Repo is done to suck liquidity
from the economy.

Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1410

---

we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?

1497

---

If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

1597

---

Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1473

---

Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

1614

---

---

let me know the minimum Accounting Heads in an accounting system

4232

---

EXPAND_________SEB

1569

---

What is Acquisition?

2042

---

Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?

1493

---

I want to know with example of vat & Salestax

1894

---

what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1500

---

Short Answer on -----Trade mark

1474

---

I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

1629

---

all of interview question about coop bank of oromia

750

---

What is Risk Assessment?

1525

---