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what is credit balance of bank define briefly???
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Answer Posted / priyanka
Suppose that a customer has to pay a credit card bill of
5000 Rs. and he paid 5500. Remaining 500 becomes the Credit
balance.
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when apply for ragistred in central excise no
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
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