Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between Loan and Advance?

Answer Posted / abu taleb zahid

when a person borrows the money from the other person that is called loan. and advance is given by the known person to meet his official expenses.

Is This Answer Correct ?    4 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings

4691


How does accounting contribute to the community?

1097


professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally

1464


how to individual capital account.

2365


What is fiduciary accounting?

1075


Explain what is ledger?

1082


Tell me what are things will not be included in bank reconciliation statement?

1135


sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,

1858


Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.

1691


what is t code of journal voucher report with amount?

2222


Tell us do you have any idea about service tax or excise?

1039


Explain what is account receivable?

1069


Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

1910


Why have you applied to our firm?

1100


How do I record a prior year property tax refund on sale of asset due to overvaluation

1461