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What do you mean by SPOT Rate in case of Foreign
Branch...???
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Answer / anubhavbansal2002
SPOT rate means rate prevallng on the date of purchase of a
fixed asset or incuring any long term liability.
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What are the golder rules of Accounts ?
35 Answers Abhipra, Accenture, Bajaj Allianz, Blue Star, Genpact, HP, IBM, TCS, Wipro,
hi all, i'll be grateul if u can help me on this. I'v been selected as a PO in SBI. Simultaneously I'v got a job offer from British High Commission in New Delhi. Can anyone suggest which will be the better option??????????
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what is accountig methods?
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
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please proovide the answers for the reasons for the differences of cash book and pass book
What should be the entry passed for TDS deduction by the Company and tds deducted on the Company? Can tds refund on FD foreclosure be adjusted aganist the tds deducted on the Company?
Clasify capital
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.
what is the difference between direct income and indirect income?
13 Answers College School Exams Tests, IPO, Wipro,
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