Answer Posted / tirdha sri naidu
According Tandon committee it fallows certain rules to lend the money i.e
75% (current assets- current liabilities) or 75% current assets - current liabilities
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
What is meant by turnover?
What is the use of 2a, 2b & 2c form in CST ?
List out some of the examples for liability accounts?
Tell me what is an over accrual?
Define dual aspect term in accounting?
How many types of business transactions are there in accounting?
Is it possible contra entry in SAP FICO
What is a comprehensive income?
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
Detail your responsibilities in accounts receivable
Where do we create House banks and what is the process in sap fico
bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc
Do you know what is double-entry accounting? Explain with an example?