 Related Questions Latest Answer : When any company buying goods from overseas that time we need L.C. to open overseas goods. From that time Bank will give guarantee to supplier in behalf of Customer. ... 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 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 : 1) Make the creditor, your debtor 2) For good creditor, give discounts & offers3) For bad creditor, inform your position of willingness but inability to sustain relationship keeping in mind our business position. ... Read Answers (2) | Asked by : Christine Latest Answer : If an amount incurred or accounted or paid to establish over a period of time of the business or for the business, these kind of accounts are treated as deferred account.Eg., An advertisement expenses incurred by an organisation etc., ... Read Answers (4) | Asked by : Atef Mikhael What is purchasing order?What is vendor?What is sarbanes-oxley act?what is debit and credit note?What is basic accounting principles?what is dual aspect concept?what is depreciation? and how many types and details?what is cash flow and funds flow?what is capital gain? Read Answers (4) | Asked by : T.K.B.Srinivasan Latest Answer : Account Voucher nothing but a proof of transaction made. In future any problem will occurs then account voucher plays major support. ... Read Answers (1) | Asked by : asha s nair What Account is Salary outstanding? Is it real, personnel or nominal account? Latest Answer : Outstanding Salary A/c is a Representative Personal Account as it represents a group of people to whom some amount of salary is payable. Similarly other outstanding and prepaid expenses also fall under the category of representative personal accounts. ... Read Answers (3) | Asked by : Sajith
Sponsored Links
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 
0