What is Mortgage & Mortgage loan
- 15 Answers
- 53545 Views
- First Indian Corporation, Wells Fargo, I also Faced
- E-Mail Answers
Answer Posted / prakash
Mortgage is a pledging of a property to a lender as a
security for a mortgage loan.
| Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
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-------ANTS
what are the new rules of central excise ?
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
INTE3RNATIONAL ACCOUNTING STD
difference between vat 47 & vat 49
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
give me only one transactions in both side (debit&credit) should be in real accounts
WHAT ARE EQUITY SECURITIES?
how can i make configration relation with inflation in sap
fd redeem interest and principal entry in tally
What is compensation theorem?
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
Depreciation method to using Indian company names
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
