Answer / amar

A slang term denoting a financial loss. When accountants make physical entries into a financial ledger, red ink is used to show a negative number. Black ink is used to show that a number is positive or profitable.

EXPAND______________RITES

1 Answers  

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IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT INSTEAD OF PROFIT OR LOSS ACCOUNT ?

6 Answers  

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What is money at call and short notice ?

3 Answers   L&T, Lakshmi Vilas Bank, Sathya Technologies,

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What is difference between cash & intraday in stock market?

1 Answers   ICICI,

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Expand---------DRC

1 Answers  

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How do you maintain TDS in the company

3 Answers   Qualitime India, Telco,

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what is the accounting entries of travel advance given to employee and settlement entries of same.

2 Answers   Book n Fly,

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fill in the Blanks You will always find_______________balance in cash account

2 Answers  

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HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

0 Answers  

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what is Rectification of errors?

1 Answers   EDS,

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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

0 Answers  

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what is ledger,journal,voucher.

9 Answers  

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