Answer / srinivas

Debit card is nothing but ur cash. that means what the
amount exists in your bank account can use it.
But the credit card is the credit which the banks provided
to you depending on your status of Repayment

Answer / ashish sakalley

Debit card means your balance in bank that only you can use
But in the credit card banks provide credit facility upto
certain limit you can use and repayment after some time or
due date.

Tell me the types of accounts involved in double entry book-keeping?

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Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.

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"Cheque deposited in to bank" How can i make a entry in tally when like this entry came

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what is profit and loss(dr) in cash flow statement?

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what is sundry debtors and creditors?

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under which ledger should i make opening work in progess and closing work in progress

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Factors that affect the requirement of working capital ?

3 Answers  

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What is the meaning of summarizing?

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what is cost center & cost categories in tally

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At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount

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who issues the accounting standards?

4 Answers   ABC,

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

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