Interested to Buy Any Domain ? << Click Here >> for more details...
why don't we take cash and bank accounts into realisation
a/c
- 4 Answers
- 16002 Views
- I also Faced
- E-Mail Answers
Answer Posted / deepak n. kolekar
Because, We consider cash and bank A/c as a curent account
in the balance sheet. Cash or Bank cannot be revalued and
more fluctuating current assets than any other which could
not transferred with a steady fixed amount.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
What is project implementation?
Do you know what is double-entry accounting? Explain with an example?
what is the basic difference between pooling of interest method and purchase method in amalgamation
Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
Tell me in accounting, vat abbreviates what?
Can i put opening stock in new company during closing time
explain me what steps would you take to increase revenue for this company?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
In accounting, are assets a permanent account?
Explain financial accounting. What are its characteristic features?
how to do asset appreciation in sap?
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
What do you mean by balancing of ledger account?
