what is legal meaning of CLEAR BALANCE mentioned in
bank passbook of a saving account ?

Answer Posted / pradip patil

Tally both side debit and credit means clear balance

Is This Answer Correct ?    13 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What elements of your job do you find most difficult?

6221


sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.

881


Define bills receivable?

716


Explain me what makes a successful account manager?

601


If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

1669






Did you use accounting applications at your previous companies or prefer working manually??

578


In accounting, are assets a permanent account?

631


what are the different types of expenditures considered for the purpose of accounting?

607


how to prepare for accontant examinations

1615


why we multiply no. of purchasing year with average profit

1546


What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

1176


in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

1599


Pls let me know Job profile for Account Manager.

1486


Tell me why some asset accounts have a credit balance?

612


Tell me different branches of accounting?

613