Answer Posted / vaibhavi

(A) Cash is liquid assets. It is differnece between receipt
and disbursement of any cash transaction. eg. rent paid in
cash of rs 10000/-p.m. Profit is combine effect of real and
nominal accounting transaction related to expenses and
income of mercantile business.

(B) Net profit comes after crediting all income and
deducting debit expenses from them. This profit is wealth
of business for the perticular year. Wealth has credit for
the business therefore netprofit adds or comes under
capital account.

what are the importance accounting entries for AP and AR process in interview..

1610

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2013

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what do u mean by comparative budget?

1919

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Do v call director in the partnership firm?

2092

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What is the difference between payable and accrual

1904

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EXPAND___________NBFCS

1990

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payroll calculation procedure explain completely?

2478

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i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.

1982

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What will be the consequences if the partnership is not registered

1888

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An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?

1910

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What is Accommodation Bill

2327

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What goals do you have in your career

2345

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Short Answer on _____________Accident Insurance

1721

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explain the financialand economic meaning of investment?

2139

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i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1840

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