Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 723436 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / chinni
PERSONAL a/C: DEBIT THE RECEIVER
CREDIT THE GIVER
REAL a/C: WHAT COMES IN DEBIT
WHAT GOES OUT CREDIT
NOMINAL a/C: ALL EXPENSES AND LOSSES ARE DEBIT
ALL INCOMES AND GAINS ARE CREDIT
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is Merger?
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
Breif notes about accounting standards
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
what would you contribute for bhels growth
Define The Term Journal And Explain The Present Day Use?
let me know the minimum Accounting Heads in an accounting system
Who to create a budget on software company
Expand SOIT
Depreciation method to using Indian company names
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
what is forecast
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 100% EOu? what is the benifit and what is difficulty of it?
