Answer Posted / ammu
An account that is used to store short-term funds or
securities until a permanent decision is made about their
allocation
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
Tell me do you think accounting standards are mandatory and why?
Tell me what is gaap?
which subsidiary book is source of these:debit note,credit slip,
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
List the type of transactions entered in journal proper.
Who is debtor purchaser
What is royalty reserve?
what is the procedure to appoint an Austrlian citzen as indian company director...
I am working in govt. sec. How to make journal entry in books for Fix Deposit
Journalise- opened a saving a/c with S.B.I. ?
Explain me your current/former role, your responsibilities, and how success is/was measured?
What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
How to Automate requirment mapping in QC?
What is the difference between provision and reverse?
