balaji


{ City } bangalore
< Country > india
* Profession * process associate
User No # 28626
Total Questions Posted # 1
Total Answers Posted # 21

Total Answers Posted for My Questions # 19
Total Views for My Questions # 45772

Users Marked my Answers as Correct # 224
Users Marked my Answers as Wrong # 29
Answers / { balaji }

Question { Essar, 22652 }

where does preliminary expenses put in the balance sheet?


Answer

preliminary expences are recorded in asset side of the
balance sheet.

Is This Answer Correct ?    56 Yes 3 No

Question { 11065 }

why profits are shown as liability and loss as asset in
balance sheet?


Answer

dear NEHA
if you know the answer than try to share it with others. we are here to share knowledge. i know how difficult these questions when they are asked in any interview. i know you are intelligent and i expect your answer for this quetion.
reply me at namammabali@gmail.com

Is This Answer Correct ?    2 Yes 2 No


Question { 10767 }

what is a contra entry how it is passed in journal and
cashbook


Answer

contra entry is one where there has to be two corresponding entries for one transaction. when cash is deposited into bank, bank balance increases and cash balance decreases. in a multi column cash book, two corresponding entries has to be passed.

Is This Answer Correct ?    4 Yes 1 No

Question { 9318 }

WHAT IS MEANT BY CTC SALARY?


Answer

ctc means cost to the company. it is the total cost incured by the company while compensating benefits. it includes basic salary, flexible benefits and deductions

Is This Answer Correct ?    31 Yes 0 No

Question { TD, 3899 }

what Bank Reconcilation ?


Answer

Bank reconcilation is a statement prepared to reconcile the
bank balance of cash book as per the bank balance as per
pass book.

Is This Answer Correct ?    8 Yes 2 No

Question { 5843 }

lis and explain the parties involved when a cheque is issued


Answer

Bank
Drawer
Drawee
Payee

Is This Answer Correct ?    8 Yes 3 No

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