1. If we withdraw cash from OD account, is it contra entry or receipt entry ?
Answer : The withdrawal of cash from OD account is a contra entry...
2. What is accounting standard ?
Answer : An accounting standard is a common set of principles...
3. What is the difference between Revenue and Income ?
Answer : Revenue is the total turnover or transactions of the firm...
4. What is ratio analysis ? Explain the different kinds of ratios in detail ?
Answer : Ratio Analysis is a powerful tool...
5. What is the differences among issued, paid up, authorised,subscribed capitals ?
Answer : It means the capital elevated by the issue of shares...
6. What is the Difference Between Retail Invoice & Tax Invoice ?
Answer : Retail Invoice is the normal invoice which does’t
contain...
7. What is Sense and Nifty ? Difference between these two ?
Answer : Sensex is Sensitive Index. People are happy when the Sensex...
8. What is Vendor Reconciliation and how is it done ?
Answer : Vendor reconciliation means statement showing difference of Company...
9. What is the benefit you gain from financial service ?
Answer : Careers in financial services pay a great deal more than most other fields, with some of the highest...
10. What is Tax ?
Answer : Tax is nothing but it is a charge made by government on the goods...
11. What happen if employer not deducts TDS on salary paid up to December ?
Answer : When TDS isn't deducted at source, the deductor shall be at risk of interest and penalty...
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