ramkumar


{ City } hyderabad
< Country > india
* Profession *
User No # 13222
Total Questions Posted # 0
Total Answers Posted # 5

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Questions / { ramkumar }
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Answers / { ramkumar }

Question { Infosys, 28026 }

Decrease in the amount of Creditors result in
1.Increase in Cash
2.Decrease in Cash


Answer

Decrease in cash

Is This Answer Correct ?    22 Yes 4 No

Question { State Bank Of India SBI, 8797 }

what is the extension of the EPF, GPF, PPF,
How is they differ from each other, explain it briefly,


Answer

Employee provident fund,General provident fund, public
provident fund. Epf ,Contribute the both employer and
employee, for Gpf only for government employees, ppf for
individual they are contribute individual.

Is This Answer Correct ?    27 Yes 2 No


Question { 19408 }

what is mean by credit note and debit note?


Answer

For Credit note: When the time of Sales returns from
customer we are giving one note, it is indicating that your
account has been credited in our accounting books.

For debit note: for purchase returns,,,,,,,,,

and also used for rate differences.

Is This Answer Correct ?    12 Yes 7 No

Question { 4118 }

X is multiplied with 10 or divide with 10 then he will get
100. then x=?. (Praveen MBA)


Answer

x= 100 * 10 = 1000

Or 1000/10 = 100

so x = 100

Is This Answer Correct ?    7 Yes 6 No

Question { Genpact, 16180 }

On goods purchases of Rs.2,00,000 got trade discount of
20,000 from supplier, and the amounts paid to supplier is
1,00,000 in cash and RS.1,00,000 in check on the same day,
what would be the general ledger entry ?


Answer

Cash a/c Dr 80000
Bank A/c DR 100000
Discount 20000

To Sales 200000

Is This Answer Correct ?    9 Yes 33 No