What is the difference between Loan and Advance?
Answer Posted / avnindra singh
loan:
in this case of loan, the banker advance a lump sum for a certain period at an agreed rate of interest .
Is This Answer Correct ? | 11 Yes | 3 No |
Post New Answer View All Answers
What's the accounting entry when an Invoice is created in AR?
what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?
What is mean by Asset area?
Explain what is the disadvantage of double entry system?
What is vat adjustment?
Ledger Enteries
Tell us did you use accounting applications at your previous companies or prefer working manually?
Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?
what are the basic elements to prepare a quarterly information system and how to calculate that items?
how to get a job in stock markets for MBA-FINANCE?
Where do we create House banks and what is the process in sap fico
i want to know f form and how to use and how can purchase
What is absorption costing with defination? and what is marginal costin with defination?
Explain me what is general ledger account?
what is gl a/c? & why is it maintain