do you have debit and credit in balance sheet
Answer Posted / kdr
no,balance sheet consists of two parts they are liabilities
and assets.but not debit and credit
Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
EXPAND_________SDJMC
EXPAND___________IMA
what is your achievements?
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
Expand MNS
what tax will be on puchasing of sweets and is necessery to use form 38.
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
what is operational risk and market risk in basel 2 norms.
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
EXPAND_________SEAMEC
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
how many schedules are there in accounting?
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,