Interested to Buy Any Domain ? << Click Here >> for more details...
can a real account shows a credit balance
- 3 Answers
- 17517 Views
- Airtel, Bajaj, I also Faced
- E-Mail Answers
Answer Posted / ankit trivedi
never. real a/c is basically an asset a/c. As the value of
an always has a debit balance and it can never turn to
negetive. For eg. we can't have negative cash balance.Real
a/c can never have a credit balance.
| Is This Answer Correct ? | 11 Yes | 9 No |
Post New Answer View All Answers
what is the difference between sap and sas?
DEfine SAP
what is cost audit?
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
What are Home Equity Loans ?
How to maintain Purchase Orders ? Please explain by proper format.
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
Explain Cash Basis of accounting
Transfer nett profit of Rs 325000/- to Reserves and Surplus
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
What is Spin-off & spilts
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
Expand-------NAC
what is joint venture?
