Answer Posted / prakash jha
ACCRUAL MEANS RIGHT TO RECEIVE WHEREAS DUE MEANS RIGHT TO ENFORCE TO RECEIVE THE SAME.
FOR EXAMPLE
SALARY OF A DECEMBER MONTH IS ACCRUE ON DAILY BASIS AS WE PERFORMING OUR JOB BUT IT IS DUE ON A PARTICULAR DATE AS DECIDED BY THE MANAGEMENT MAY BE FIRST WEEK OF NEXT MONTH.
| Is This Answer Correct ? | 42 Yes | 2 No |
Post New Answer View All Answers
explain about mergers & aquisitions? asked on 30/7/09
plz send me hsbs finance questions asked in the interview ans appitude also
Entrance Exam question & Answer required
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
how to calculate stt
How can we display last five years sales in tally
WHAT IS PROSPECTUS?
what is ZBA hold & balance hold in banking?
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
what you mean by cross dunning
what are the models of valuation of the company
Three steps for correction in BRS?
