1.what is loan and what is lease?
2.what is defered revenue? and expenditure?
Answer / shirisha
Deferred revenue is important because it's the money a
company collects before it actually delivers a product. For
example, a software company sells and receives payment for
a computer program before it gets delivered or installed.
This doesn't get recorded as straight revenue because, if
something goes wrong with the job, the money is at risk.
The act of giving money, property or other material goods
to a another party in exchange for future repayment of the
principal amount along with interest or other finance
charges. A loan may be for a specific, one-time amount or
can be available as open-ended credit up to a specified
ceiling amount. loans are taken in many ways like ,
starting business , house loan , education loan, aboard
study loan, vehicle loan.
lease means a property rights given to a person for some
specified time .IT is an rental agreement made between 2
persons .
| Is This Answer Correct ? | 9 Yes | 4 No |
Name three (3) equity security data points
How is an accounting department structured?
what is the formula for profitable index
the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?
What id The Differed Tax Liablity
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
what is different between leaser of subsidary book and journal?
if a company purchased measurement tape for office use .. it comes under which expense head
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
p i r round ?
why closing stock is not shown in trail balance