Is the shadow balance present in bank account always credited or bank may reverse it as well?
Answer / Bhanu Bhandula
The shadow balance in a bank account is a temporary account that SAP creates to handle certain types of transactions, such as payments made with insufficient funds. Initially, the shadow balance is credited, but if the bank later reverses the transaction, SAP will debit the shadow balance and credit the bank account.
| Is This Answer Correct ? | 0 Yes | 0 No |
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
If I purchase and sale of goods at same price then effect in trading, P & L A/c
What is American approach? Why do we use it inspite of Modern approach or Enlish approach ?
What is the treatment of preliminary? is this current assets?
We are operating a company which H.O. is Delhi and Branch offices at Kanpur and Hardwar. We need Income and expenses seprately in All branches. is it possible in tally.erp9. if yes please provide the procedure as early.
Explain purchase day book.
why are the company hire you.
Explain fictitious assets?
what is entry for salary advance? salary entry mentioned by Indusial name
why current ratio is 2:1.why it is not 100:1,10:1,20:1 in current ratio. please tell me....
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
are tpt, freight & packing charges part of sales & purchase ??