can anybody describe about the accounts and financ ? what
is difference between that , thanks in advance gurus
Answer Posted / md. rasheed
finance works with the information and accounts deals with
the data. simply we can say the process of preparing the
accounting reports is accounts which deals with the data
that is journals, ledgers, trail balance where as finance
deals with the reports prepared after accounts like income
statements and position statements, cash flow and funds
flow and so on.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
how to calculate stt
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
what are the importance accounting entries for AP and AR process in interview..
What Settlement details are required on the delivery instruction slip?
how to check which item is sold by the sundry debtors in tally?
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
Short Answer on ______________House Rent allowance
Tell me the steps for Import and Export Thanks
what do u mean by single error and double error in accointing errors?
Process of the settlement cycle?
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,
I want to know with example of vat & Salestax
Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations
What is the important of cash in a business unit
All shot cut key use in the tally software & it's uses