golden rules of accounting?
how bank earn profit?

Answer Posted / nnvamshi

Every Debit has a correspondent Credit vice versa.
By Interest on loans.

Is This Answer Correct ?    47 Yes 31 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is money measurement concept

1677


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1038


What is the New GL concept? how do you configure new GL a/c?

1579


Short Answer on ______________House Rent allowance

1388


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

1760






Provision of Bad Debts is made in compliance with the convention of -----------

1452


what is absorbtion coasting?

1853


wht can u do for the growth of bhel?

1546


Do you need an income statement if you do part time contract work at home?

1693


if jj form not cancelled within 1hour,wat to do

1177


can u let me know how the bankers calculate interest on O.D.account

1502


what is ment by master in tally?

3108


what is debit/credit note ? what deffered income and expencess?

2293


What is Budgeted capital ?

1534


What is the use of final account?

1405