Bridge loan means temporary finance provided to the company to finish of the project after that the company needsto repay the loan.

cashflow

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• Jan 27th, 2008

A bridge loan is interim financing for an individual or business until permanent or the next stage of financing can be obtained.

seelujangra

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• Jan 16th, 2008

Bridge loans are an effective vehicle to immediately capitalize on a purchase opportunity. It is a form of short-term financing which is expected to be paid back - generally within the range of 6 to 3...

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What is Form No. 8E ? Explain in what situation Form No. 8E can be issued.

Is it Possible to negotiate a LC with Duplicate copies? LC its mentioned its posible and consigne wants the original documents? What are its consequences

Formely Tax Accounting is stated as upper level accounting, how can we demonstrate it?

Explain about contralling accounts.Explain about Subisidiary Ledger.Explain about mixied accounts.

parameswar.reddy

 Profile Answers by parameswar.reddy Questions by parameswar.reddy

• Nov 19th, 2007

Controling accounts are Sundry Debtors and Sundry CreditorsSub-Ledgers are Vendor accounts and Customer Accounts

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How do you prepare MIS Report?

parameswar.reddy

 Profile Answers by parameswar.reddy Questions by parameswar.reddy

• Nov 19th, 2007

That depends  on management requirement.....what ever the management ask we have to present that report

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parameswar.reddy

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• Nov 19th, 2007

Inter Company means Two or More Companies under one Group Company.For Example Reliance have different companies like Mobiles, Oil products, malls, telecom, etc., all these companies called Reliance Gr...

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What is the difference between financial account and financial statement

parameswar.reddy

 Profile Answers by parameswar.reddy Questions by parameswar.reddy

• Nov 19th, 2007

Financial Account is an Individual ledger of an account (Ex: Sales A/c, Purchase A/c, Vendor A/c, Customer A/c), whereas Financial Statement is a final picture of an organisation like Profit & Loss Account and Balance Sheet

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Using Periodic inventory system: debit creditMerchandise inventory 7/1/05 32,000Sales 380,000Sales returns 12,000purchases 240,000 purchase discounts 6,000purchase returns 10,000freight-in

Dr. English

• Oct 2nd, 2007

Are you asking an accounting question or an IT question?  Cash discounts flow through the income statement regardless of what software you are using.DE

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How do you cope with multiple deadlines, if there are all asked at once ?How do you prioritise them ?How do you handle the pressure in this kind of situation ?Do you feel energised by them ?

Jon

• Sep 16th, 2007

Adjusting entries are not "correcting entries."? By textbook definition, they are periodic entries made to satisfy the revenue recognition principle and matching principle.? They never involve the c...

rama krishna

• Jul 16th, 2007

An adjusting journal entry means, if you made any wrong entry (may be principle, amount, party name) , to correct that one an entry must be passed, that entry is called adjusting entry

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G.kiran

• Sep 5th, 2007

A form of financing in which large capital expenditures are kept off of a company's balance sheet through various classification methods. Companies will often use off-balance-sheet financing&...

saniya nooreen

• Dec 24th, 2006

Balance sheet is a statement which consist if asset and liabilities balance sheet is not called as account .their are 2 columns  in balance sheet left hand side is called liabilities and right hand side is called asset .

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What is Contingent Liability?

Shoukat Zaman

• Sep 5th, 2007

Contingent liabilities are liabilities that may or may not be incurred by a company and which depend on the outcome of a forthcoming event

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Swapna

• Sep 4th, 2007

Equals net income minus all recognized changes in equity during a period

JoannaSmith

• Apr 15th, 2007

Items GAAP does not want us to record in Income Statement.  GAAP does not want financial statements provider to mislead users. Ex. items will record in comprehensive income are Unrealized gain or...

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R Suman Singh

• Aug 24th, 2007

According to double entry system of accounting, Debit side total and credit side total of an account should be equal. Hence making the debit side total and credit side total equal is called as Balancing.

SONIA AGARWAL

• Feb 6th, 2007

Balancing means total of Dr. and Cr. sides are equal.

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malaikani rajamani

• Aug 10th, 2007

Actually reconciliation is much important in credit bound modern organization. this only shows exactly how, relally a company have in bank account. so, organization payment and investment policy purel...

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What is prepaid expense and what are its effects?

arjun

• Aug 7th, 2007

Prepaid expenses are those expenses which are paid in advance, and whose benefit will be available in future.

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