![]() Related Questions Latest Answer : Provisions are to allocate an amount to meetout the requirement.Reserves are made avaialble to meet business demands eg., meet out obsoletions, to meet out expansions etc.,By and large provisions will have revisions, reserves will not have. ... Latest Answer : Perpetual updates the inventory immediately Periodic inventory updates on monthly basis. ... Latest Answer : Personal accounts are those accounts which represents any person, artificaial person or they have their own entity like, bank, any authority orany person, real accounts are thiose account which counts all asstes of a firm like furniture and cash etc. ... Latest Answer : in business transactions which is a recent transaction .it is call dormat account ... Latest Answer : Hi Sagar
Your question is very good, in my opinion answer is Liabilities are credit and assets are debit side(Right Side), In Indian Accounting rules the performa is this. But US and UK use Assets on left side and liabilities in right. You can also ... Latest Answer : An operative accounts means an account for day-to-day operations of the business. ... What is meant by the followingInterest accrualInterest bookingInterest Application on the month endInterest Application for the broken periodOverdue interest Unredeemed interestClosures and Premature Closures of the accounts Latest Answer : An Inactive Account is A brokerage account in which few transactions take place. Some brokerage firms levy a fee on accounts in which securities are deposited but no activity occurs during a specified time.A Dormant Account is a savings account showing ... Latest Answer : Dear Sir/ MadamI want to know the difference the between SAP fico and Oracle financials while implementation and to work on.RegardsPraveen Ch. Chowdari ... the person who has been in the mid career level as asst.mgr ,taking care of various function and porfolios of accounts department and expert knowledge in accounting concepts is said to be ab manager -accounts Latest Answer : when we see their difference from broad organizational reviewthe function of accounts manager1. the approval of the accounting system utilization and calculated amounts in supportable documents ,for example in journal vouchers2. the approval of the newly ...
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