Answer Posted / raju k

A Banking institution licenced, for accepting deposits
from public and lending loans to the public.
Revenue for a banking company is the sum of net income
earned from interest by lending loans and
other or non interest income.

CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION

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give the examples of Error of Duplication?and Error of compensatin? with entries

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Anyone whose sbi interview has been over , please share all the question asked by them

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Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

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An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?

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---------is the main or principle book of accounts

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