Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Explain the difference between inactive account and dormant
account?

Answer Posted / rikki

An inactive account is an account that has not had any
activity in a period of 6 months, ex: No transactions such
as withdrawals or deposits.
A Dormant account is an account that has first gone
inactive (6 months) with no activity such as deposits or
withdrawals, for a total of 12 months (1Year).

Is This Answer Correct ?    13 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

institutional investors?

2072


Define Payee

2132


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

2241


Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

2224


what is a depository?

2801


is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

2068


Clasify Loss

2111


what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4595


what is a reducing balance method and depreciation fund investment method and 2 diffrences?

2552


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

2025


EXPAND___________NBFCS

2046


wages posted twice what is the entry for that?

2366


what is Contra Asset?

13722


Feature of Master letter of credit of Garments manufacturing company?

1915


Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?

2127