Answer / madhulika

The account a correspondent bank, usually U.S. or UK, holds on behalf of a foreign bank. Also known as a loro account

what is IRP?

5 Answers   Bank Of America,

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Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

0 Answers  

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call options?

1 Answers  

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The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me

0 Answers  

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What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

0 Answers  

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wHAT ARE EVENTS

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why you want to leave current job ?

2 Answers  

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Can anybody tell me the placement of the following ledgers in the Trial Balance 1.Loans and Advances 2.Interest on Capital 3.Customer Deposit 4.Preliminery expenses 5.Insurance claim

4 Answers  

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Expand ------UCIL

2 Answers   Uranium Corporation of India,

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What is Acqusition?

1 Answers   Capital IQ,

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my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

0 Answers  

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what is trail balance ?

17 Answers   Granites, Syndicate Bank,

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