Answer Posted / vinoth kumar

Basic Concepts or Golden rules of A/C's:

Personal A/c, Real A/c & Nominal A/C

Reconcilliation:

Its an Transaction between Bank And the Concerned Partty or
Company dealling with bank

Porfolio mgt. or Investment Mgt.:

Porfolio means Making investment in Jewels, Gold etc., or
making investment for getting additional income, managing
this is known as Portfolio Mgt.

DEfine SAP

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