Answer Posted / mohammed arif zia
This is a book of separate accounts of each item being
involved in the business either tangible or intangible. It
has each and every transactional activity recorded in it
under the concerned account which always show a balancing
figure either debit or credit which may later be squared up
by adjusting entries. It is More useful in Double Entry
System of accounting.
| Is This Answer Correct ? | 2 Yes | 3 No |
Post New Answer View All Answers
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
Hi all i did my M.B.A financ enw iam doing a job as a finance executive but i feel it is not good 4 me can any 1 plz guide me 4 the better career my job profile is (INVOICING)hw it is help me out 4 the better career shell i continu ein the same 1 by learning sap or oracle or shall i shift to any other if any other which job is suites to me plz suggest me
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
why gross profit transfering to profit & loss account
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
Short Answer on _____________Revenue Budget
what is status report? and flow report?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
What are the major responsibility's of an accountant? what are the qualities he /she requires?
recently release the 6.0 version not succede in the market why?
HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?
What is the analytical way of accounting?
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
how many types of financial teribuanal? what is that?