Interested to Buy Any Domain ? << Click Here >> for more details...
what are the three basic acounting principles.what is
account reconcilliation.what is portfolio management
- 10 Answers
- 16890 Views
- GE, Syntel, I also Faced
- E-Mail Answers
Answer Posted / ss
basic accounting principles are also known golden rules for
accounting:
1. personal a/c
Debit the receiver and credit the giver
2. real a/c
Debit what comes in credit what goes out
3. Nominal a/c
Debit all expences and credit all incomes
Account reconciliation: If it is about pass book and cash
book, account reconciliation is used get accurate cash
balance in bank and bank balance in the cash book.
Portfolio Management : Managing the investment in
different funds so as to get maximum benefit with minimum
capital
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
how to do the recurring entries or steps to follow that
How are fund-raising and publicity and management and administration costs apportioned over funds?
What is Trade Recovery Estimate and how can we calculate it?
Explain valuation methods of Normal and Abnormal loss
what is the good prasentation on interview
What are the question asked for accounts associate
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What is the content of purchase order? n content of voucher? what is the main use of voucher.
What problems might be encountered if there were no accounting standards?
Is commodities transaction tax a permissible business expenditure? Explain
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
Expand-------MUR
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
euro currency market
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
