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 meant by undercast and overcast in accountancy?
Explain with some transactions and their corresponding
journal entries.

Answer Posted / jayendra

overcast means to have any increase in bank balance of cash book . and undercast means to have decrease in the bank balance of cash book .
it will be also same for pass book balance.

Is This Answer Correct ?    130 Yes 36 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2157


EXPAND___________NBW

1837


Define Salry for the following purpose 1.To calculate HRA

2112


what are the different causes for discrepencybetween the balance of cash book and pass book

1859


How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?

1868


im preparing for the sbi clerical post please send me the solved questions.

2203


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

2027


what are the seven accounting rules

2052


What are the benefits ofparticipation in a depository?

2434


what is article of association? what is memorandum of association?

2257


How can a shopkeeper maintain the daily data in tally

4126


Straight line method to using Indian company names

1902


Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

2186


Indian Iran Gas pipeline

2078


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

2112