Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Compound Interest?

Answer Posted / gopi

it means every year we have to add the accumulated interest
to the total principle amount, then we again we have to
calculate the ineterst for that year.

Is This Answer Correct ?    11 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you know any other accounting application?

1020


Describe the proof of cash type of bank reconciliation?

1904


Follow up ageing balances of Debtors & Creditors and also Inventory

2037


When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock

1644


capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1571


What are the different fields of accounting?

1034


At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.

2306


what will be the entry for inventory

2044


Did you use accounting applications at your previous companies or prefer working manually??

1049


Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1082


Unrealised profit will be debited to ?

1911


Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

1068


Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

1889


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

3303


plz can some one tel me "The concept of stock holder's equity and paid in capital".

3581