What is the nature of bank account:
a) nominal
b) real
c) personal
- 29 Answers
- 80430 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / gopal
It should be real A/c.
we can not record transaction only between two persoanl
accounts, and we do record bank transfers between two bank
account.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
what is the difference between profit center area and business are.? please make me clear.
What is accrual accounting?
What are the different types of gst?
what is the due date of 28th feb
say something about your school
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
what is cost unit n what is cost sheet?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
What are the reasons which cause pass book of the bank and your bank book not tally?
how do made in finalization
what accounts payable applications are your familiar with?
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
Wipro Limited
Dear candidate
Your Resume has been selected by ( Wipro Limited). I have attached your
Interview Process letter with this email. Kindly see the attached file.
Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm,
Company Website – www.wipro.com
Note - And more details you send a email Company
Email Add – career@wiprolimited.in
Best Of Luck
For More Details Please Click Here
Wipro Limited A company primarily operating from own land, takes on rent
building for staff quarters. Whether rent paid on such
staff quarters qualifies as capital investment?
