Interested to Buy Any Domain ? << Click Here >> for more details...
What is the nature of bank account:
a) nominal
b) real
c) personal
- 29 Answers
- 89520 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / saswat
Bank account is a personal a/c and some time it is treated
as real a/c.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
How is the accounting for hire purchase transactions done?
Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?
is goods in transit will be liable for entry tax ?
What are time sheets?
What is balance sheet and off balance sheet?
export sales contract and domestic sales contract? india's trade in commercial services?
how many view the tally backup erp9 after the tally backup in tally
Do you know what is project implementation?
Tell me the stages of double entry system?
Define fictitious assets?
what is valuation code and valuation modifier in sap fico
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
what is gl a/c? & why is it maintain
