Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ashish
Factoring means appointing the agent for collection of
money.
e.g.
A company sales goods to 35 person.company appoint agent
for collscting the money from them.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
what are responsibilities of an accountant in a company?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
what is tds rate of WCT applay for sale tax ragistard company.
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
what happens to each of the three primary financial statements when gross margin decreases?
What are events occuring after the balancesheet date?
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
What was use of tally erp 9? Types of vat?
what is general HR?
what is organic profit? and how it is calculated?
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Expand---------NPTO
