1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS
TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS
DEFFERED REVENUE EXPENDITURE? 6. what is mutualfund? 7. why
net profit shown liabilities side in balance sheet?
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Answer / subhash
bank reconciliation prepare on the interval period when
create the diference in cash balance in the company and
cash balance as per pass book of bank.
trial balance show the arithmatic accurance in the debit
and credit balance.
further detail
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| Is This Answer Correct ? | 36 Yes | 3 No |
Answer / prasannna kottamasu
we do BRS when there arises a difference between the
balances in the cashbook and passbook.
we prepare balance shhet to ascertain the financial
position of business
trail balances-to chect dual entry of transactions
arithematically
deffereed revenue expenditure-that which spreads the
benefit 4 a long time.
net profit is a liabilkity on part of businee\ss to pay to
owner
| Is This Answer Correct ? | 17 Yes | 3 No |
Answer / abc
1) BANK RECONCILLATION STATEMENTS
2) TO KNOPW THE FINANCIAL POSITIONS OF THE COMPANY
3) THE TRIAL BALANCE IS THE REPORT WHICH CONTAIN ALL DEBIT
AND CREDIT IN ALL ACCOUNTS AT THE END OF THE REPORTING
PERIOD.
4) Money provided by investors to startup firms and small
businesses with perceived long-term growth potential. This
is a very important source of funding for startups that do
not have access to capital markets. It typically entails
high risk for the investor, but it has the potential for
above-average returns
5)
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / chandashekhar
1: BRS: Bank reconciliation statement it is explain the difference between cash book and pass book when it is compared.
2: to now the exact financial position of business
3: the main purpose of trail balance is to know the accuracy of books of accounts.
4: Parent Company distributes to its existing shareholders new shares in a subsidiary, thereby creating a separate legal entity with its own management team and board of directors.
5: the exp which is incurred for long period like 5 years+
6: pooling of money form investors and invested in certain investment objectives
7: Becoz profit is liability to business for its shareholders
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sharath
brs-bankinag reconsilation statement which shows diffrence
between passbook balance of cash book and cash balance in
pass book.
trial balance-which contains the expenditures and
assets,incomes and liabilities.
differed revenue exp-the benefit of expenditure will expire
for long period.ex-company logo design or redesign
mutual fund-pool the investments from small investors and
invest in various sector of funds by experts.
7.because net profit increase the owner's capital
| Is This Answer Correct ? | 4 Yes | 3 No |
3.trial balance?
trial balance ia a simple statement. it consist of ledger
item balances. the maun objective of preparing trail
balance to arthamatic aquaressy & rettiffy the errors.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / babhu kanchupalli(dms)
I am agree with prasanna....damn good...good work....keep it up.....
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / santosh
1.bank recouncilations statement
2. to know the financila positions of company.
3. to know the gross profit or gross loss
4.
5.
6.
7.
| Is This Answer Correct ? | 2 Yes | 8 No |
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