Latest Answer: before making a payment1st thing must check any balance is there or notthan make payment ...
Latest Answer: Here we can follow the basic rule of accounting Debit the receiver, Credit the Giver ...
Latest Answer: NAVIGATION IS A DIRECTION OF SPECIFIED PATH NAME. ...
Latest Answer: It is an obligation to pay an amount in money, goods, responsibility or services to another party. The balance sheet lists liabilities.
The Account equation
Assets = Liabilities + Owner's Equity
is the Mathematical structure of Balance sheet ...
Latest Answer: In banks point of view debit is a withdrawal and credit is a deposit made by the customer. Pass book is a statement of transactions made by you with the bank, which is just equal to your account in their books. ...
Latest Answer: The tax payable on a non-salary benefit provided to an employee or an associate of the employee. The employer is liable to pay any FBT and may choose to recover the FBT amount from the employee. ...
Latest Answer: National African Federated Chamber of Commerce ...
Latest Answer: A key functional area of SAP for Utilities that supports cross-company exchange of settlement data based on international standards such as EDI, XML, and Microsoft Excel.Intercompany data exchange manages data transfer between retailers, distributors, ...
Latest Answer: International Federation of Accountants ...
Latest Answer: EFT-Electronic Funds Transfer is basically batch of payments are transferring from one bank to another bank with specified time lines. EFT payments are also called as BACS if it is UK, ACH in US for domestic payments. Foreign payments are ...
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