what is the difference between a company's balance sheet &
a bank's balance sheet.what is the negotiable instrument
act . is cheque a negotiable instrument.
Answer Posted / rao
Companies B/S: It is prepared in the format as specified
(verticle or Horizental form)in Part 1 to shedule VI of the
companies act 1956.
Any deviation fromt this format leads to improper
maintenance of books of accounts under companies act.
Bank B/S: It is perpared in the specific format as
specified by the banking regulation Act.It consists 11
shedules.
Negotiable instument: any thing which is specified as a
negotiable instrument under the negotiable instuements act
(should satisfy the featues specified like transferability,
convertability into cash etc).
Eg: Bills of exchage
Cheque
Draft
Is This Answer Correct ? | 56 Yes | 9 No |
Post New Answer View All Answers
Example for extra ordinary expenditure?
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
While selling fertilisers can we charge VAT on excise duty.
How exchange rates are maintained in sap
total capital stock
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Interest earned on investments is an__________
What is Merger?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
What is Direct Debit
difference between contra entry and double entry?
what is a depository?
Expand-------MTRS