Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT DO WE MEAN BY CURRENT ACCOUNTS SEPARATE FROM SAVINGS
ACCOUNTS.
- 5 Answers
- 8327 Views
- Maruti Suzuki, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / swathi
Current account is to do commercial activites of a business
firm.but savings account is to make transctions of an
individual person.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / pavan sharma
Current A/c is operate by co./firm/AOP for running for
business actitvities ie sale/purchase/ epenses/income and
saving acconts is persoanl use by individual/joint etc.for
personal needs.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / dev
mostly current account used by company,firm, etc. these a/c
provide credit limit. and saving a/c used by individual for
saving purpose
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / faheem
If you are running a business then Current account is needed
to deposit your funds in it. you can enjoy overdraft
facility with this account.
If u want to do personal savings then u should open Savings
account.
| Is This Answer Correct ? | 2 Yes | 0 No |
Current account is used for commercial activities and it is
useful for overdraft also and saving account is useful for
personal Loans.
| Is This Answer Correct ? | 3 Yes | 2 No |
What is Capital expndiure.
What exactly balance sheet depicts
WHAT R THE POTENTIAL EUITY SHARES
difference betwwen the 4.6 & 4.7 ecc versions
INDEPENDENT BRANCHS
debit note related to which returns?
out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c
What goals do you have in your career
0 Answers Amdocs, GSK GlaxoSmithKline, IBPS, JPMorgan Chase,
Traditional clasifications of accounts
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
Due Dates for filing of the following? Vat Returns Service tax Returns Individual Income tax returns Partnership Companies Advance tax Remittances
What is maximum limit of cash payment per day by a company?
Audit 
