Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / pavan
credit purhase is a purchase No need to Pay at the time of
Purchase but liable to be paid in future. the person to
whom we are liable is called creditor
Ex: Payment through cheques also Credit purchase
Absorve in the Bills there are two optins Cash/Credit
Purchase by cash its cash purchase
Purchase by Cheque its credit Purchase
We not paying cash at time of Purchase
| Is This Answer Correct ? | 127 Yes | 27 No |
Post New Answer View All Answers
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
How can we calculate the total income of the company.
Short Answer on ___________Finance Bill
what is purchase consideration?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
example of SOP
how to entry of hra
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
what happens to each of the three primary financial statements when gross margin decreases?
What do you mean by Green-shoe option?
What is cash clearing account
Distinguish capital and revenue expenditure
what is a depository?
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
