Answer / shreya

Yes,Long term sources of finance are those that are needed
over a longer period of time - generally over a year. The
reasons for needing long term finance are generally different
to those relating to short term finance.

Long term finance may be needed to fund expansion projects -
maybe a firm is considering setting up new offices in a
European capital, maybe they want to buy new premises in
another part of the UK, maybe they have a new product that
they want to develop and maybe they want to buy another
company. The methods of financing these types of projects will
generally be quite complex and can involve billions of pounds.

What is general entry credit purchase?

26 Answers   Infosys,

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adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off

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what do u mean by Guidance

1 Answers   Capital IQ,

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Define depreciation and its types?

0 Answers  

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Different types of payments

1 Answers   Accenture,

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Tell me how much statistics knowledge is necessary or required in accounting?

0 Answers  

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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

4 Answers  

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HOW PASS A TDS DUE ENTRY

2 Answers   MTS,

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What is Excise Duty ? How its entry will be passed in accounting book ?

2 Answers  

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Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

1 Answers  

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what is prime cost &overhead cost

1 Answers   ADP,

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Hi Everybody, 1). Can anybody tell me the Journal entry for Bank charges Rs.100 and under which account it will come. 2). Received interest from Bank what is the journal entry, under which account it will come, Awaiting for soonest reply, Thanks, Khan

12 Answers  

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