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What is Sensex?
What is Nifty ?
Difference between these two
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Answer Posted / terli.mohanrao
SEN SEX IS THE SHORT TERM FOR FOR THE WORD 'sensitive index
"and it is associated with the Bombay stock exchange,it is
formed on 1-1-1986 and and used the market capitalization of
the 30 most traded stocks of BSE. the bases was 1979and take
as 100, in sense NSE IS THE INDEX OF NATIONAL STOCK EXCHANGE
Both are playing vital role in the trade market, these
represent the growth and decline of the stocks in a period
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Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
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