Answer Posted / geetha

Three Golden rules are as follows;
1) Personal A/c-Debit the Reciever and credit the Giver.
2)Real A/c - Debit what comes in and credit what goes out.
3)Nominal A/c - Debit all expenses and Losses and credit
all Incomes and gains.

And how the Banks earn Profit;

Banks will take the deposits from public with Low rates of
interest and gives the loans by charging high rate of
interest and banks also gives overdraft facility to the
public and on that also they charge high rate of interest.

what is GL Balance

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1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation

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Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

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what is the difference between planned and non planned budgt

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What is T+2 rolli g settlement cycle?

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In case of new admission of partner what will be the adjustment for the sharing ratios

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Straight line method to using Indian company names

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loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid

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what is purchase tax in rajasthan.

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what do you mean indirect expanse in trading business?

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outstanding expenses, prepaid or unexpired expenses

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I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy

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In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

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what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

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fiscal year variant Vs posting period variant

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