Explain the difference between inactive account and dormant
account?
Answer Posted / devindra bhattacharya
Inactive account means an account had not been in use for a
long time and not going to be used in the future.Dormant
accounts are those which are presently not in use but it is
likely that it may be used in the near future.
| Is This Answer Correct ? | 131 Yes | 36 No |
Post New Answer View All Answers
What is Financial planning?
what are the financial ratios that a manager see in accounting?
What is the Finalization of Accounts?
Difference between nonoperating expentiture and non cash expenditure
Transfer nett profit of Rs 325000/- to Reserves and Surplus
Expand-------MUR
how will i develop my fears in interviewd?
What is the quality of the accountant & rights ? hansika.kk@gmail.com
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
why may types of accounts
distinguish between price rate and time rate?
What is wealth maximisation
company accounts introduction?
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
what is cost accountinp