Sir what is IFUSL? Asked in bank loan form

Answer Posted / bhakti jariwala

Interest Free unsecured Loan

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

1867


what is cost audit?

1613


service tax form no ? What is CC Limit ? What is branch accounts?

1711


what is the reason for balance sheet not getting tallyed

1725


what is Exposure ?

1520






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.

2561


what do you meant auction? what is F & o segment?

1832


if jj form not cancelled within 1hour,wat to do

1177


What is deffered income

1704


HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY

8683


what is ZBA hold & balance hold in banking?

1820


what is the main difference between nse & bse operations

1543


I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

1580


Depreciation method to using Indian company names

1592


Three steps for correction in BRS?

1736