Answer Posted / mohan
credit pur is a pur which has been made by us without
paying the money at present but liable to be paid in
future. the person to whom we are liable is called creditor.
| Is This Answer Correct ? | 39 Yes | 12 No |
Post New Answer View All Answers
what is undisclosed profit? explain
What is Insider Trading ?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
what is the uniform public construction cost accounting act?
Explain the word Liquidation
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
Define Payee
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)
Expand--------AA
What is the Technology used to carry out trades?
what is payment method?How many payment method we can assign to company code.
Difference Between Revenue & Capital Expenditure (Give an Example of each )