Answer Posted / anandsurya

Nostro A/c A banking term to describe an account one bank
holds with a bank in a foreign country, usually in the
currency of that foreign country.

Vostro A/c Local currency account maintained by a local
bank for a foreign (correspondent) bank. For the foreign
bank it is a nostro account

what is ledger account

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Short Answer on _________Business

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EXPAND_________SEAMEC

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What are different types of reports made in tally

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What part can management policy play in the analysis of cost behaviour?

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Up to what time we can show TDS Receivables under Advance Income Tax A/c?

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Take me through the entire vendor cycle.

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Example for extra ordinary expenditure?

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Is advance paid wages has credit balance?

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Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

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Telly ERP9 is perfect accounting softwear in excise unit.

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