Answer Posted / geeta reddy

SLR(Statutory Liquidity Ratio) is something, which all the
banks have to keep aside some portion(24%) of the money
which bank has taken money from the cust..(for Customer
safety) which is liquid.

CRR(cash reserve ratio): is the some portion of amount bank
has to keep aside in the form of cash.

SLR+CRR<=30%

Tell us why did you select accounting as your profession?

1055

---

What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.

3257

---

Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

1925

---

what is the enty for contract bill raised?

2403

---

Which accounting applications are your familiar with?

973

---

Explain me the basic accounting equation?

1028

---

Tell me in accounting, how do you define premises?

1102

---

What is trial balance? What does an accurate trial balance suggest?

1063

---

if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.

2404

---

Why are accounting standards necessary?

1047

---

We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1786

---

Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

1831

---

WHAT IS OPERATING CYCLE?

2760

---

rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1645

---

A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

1749

---