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Gate stands for General Aptitude Test in Engineering

Supposed we raised the Bill to the party last year. Next year party refused to pay the bill. Now I want write off the ledger of that party. How i make journal entry?

2 Answers  

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what is book profit

0 Answers   Wipro,

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what is cap & floor of call rates?

1 Answers  

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EXPAND___________INTUC

2 Answers  

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Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

0 Answers   Elevates Infosolution,

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concepts of accounting

5 Answers   Genpact,

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book building

8 Answers   Capital IQ, Lanco,

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What is trail balance? what is Profit & loss a/c ? what is Balance sheet?

4 Answers   Siyaram,

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what are the point to see when calculating the Company Profit / Loss

1 Answers  

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Expand G O I

1 Answers  

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Expand DEHM

0 Answers  

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WHAT YOU MEAN DEBTOR AND CREDITOR?

4 Answers   Genpact,

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