what is difference between account and accounting


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting AllOther Interview Questions

what is leverage n detail and tpoes of leverage with iagram?

0 Answers  


EXPAND______________OLTAS

2 Answers  


what is Sums on Finalization of Accounts?

0 Answers   EDS,


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

0 Answers   Ignou,


meaning of accounts payable

13 Answers   Accounting, Volkswagen,






What's Authorized share capital?

3 Answers   HP,


What is inter-corporate deposits? and where it is shown in balance sheet?

0 Answers  


Expand C B S

2 Answers  


ATTENTION PLEASE.All the answer posterors will be sent the complte key on the questions if requested thru mail id EXPAND_____________SAP

6 Answers  


Expand---------TCSS

1 Answers  


STAte clearly the domain and range of random variable

0 Answers  


What is contingent liability? Ex

2 Answers  


Categories