What is meaning of Stale Cheque?

Zee

• Apr 19th, 2015

Cheque is valid for 3 months Older the current date "current delegation". So before 3 months dated cheque is stale.

Kuldeep Shaw

• Jan 10th, 2015

The above two answers are not up to date.
Currently a cheque is valid for only 3 months from the date of signing it.
after that it will be considered stale and will not be eligible for encashment at the counter.

Answer Question  Select Best Answer

sharmila s

• Feb 25th, 2015

Cash doesnot include any credit and kind but fund includes every thing.. money or in the forms of money plus credit and kind.

Mou

• Jun 22nd, 2014

Cash is an asset but fund is liability (Like shareholders fund or Creditors Fund etc.). Fund is greater concept which may or may not be in liquid form where as cash is a liquid asset.

Answer Question  Select Best Answer

What is the full form of acronym FPNA?

zaiba iqbal

• Jan 10th, 2015

Financial planning and analysis

kristopher11

 Profile Answers by kristopher11 Questions by kristopher11

• Jun 6th, 2009

Fellow Professional National Accountant

Answer Question  Select Best Answer

satish

• Dec 30th, 2014

Salary A/C DR
To Salaries Payable A/C
To TDS payable A/C
To EPF Payable A/C
To ESI payable A/c

MUNIKRISHNAPPA K

• Oct 30th, 2014

TDS A/C DR
EPF A/C DR
ESI A/C DR

Outstanding liability CR

Answer Question  Select Best Answer

sindhuja

• Dec 8th, 2014

All Accounting Ledgers in mentioned period reconcile &
After that finalize Trading & Profit & loss A/c &
Balance sheet called finalization of accounts.
Finalization of Accounting entries like Provision of Expenses, Depreciation etc

sohail

• Oct 11th, 2014

Somebody explain me process of A/C finalization

Answer Question  Select Best Answer

What would be the post condition for sundry transaction when it comes to creditors?

zubair

• Oct 13th, 2014

Merit and demerit depreciation

Amrit Maharjan

• Jun 6th, 2012

It will be recorded in credit side

Answer Question  Select Best Answer

Mahmood

• Sep 11th, 2014

Perpetual is used for daily record or record as up to date of a good sold.. And Periodic is used for a long or a period ended record, periodic is used for a period of 1 month , 6 months or a year.. I hope u understood the difference between both.. Mahmood Latif..

Sikander Riaz

• Jul 6th, 2012

In periodic costing we come to know about the cost incurred at the end of the time period, whereas in perpetual cost we know about the cost incurred at each and every moment. Perpetual inventory system uses LIFO,FIFo and average cost method

Answer Question  Select Best Answer

What is the difference between Master Data Goverance and Master Data Management?

Arvind

• Aug 9th, 2014

Management is an age-old term that is synonymous with ADD/MOD/DEL of Master Data (master data is those bits of info which dont change or change very rarely, for ex Customer details like Name, Address,...

Answer Question  Select Best Answer

hi, I need information about financial and cost accounting in MRO Center (aviation) .

Shrutika Rastogi

• Jul 18th, 2014

Financial?accounting?deals?with?arrangement?of?funds?whereas?cost?accounting?deals?with?management?of?cost?and?cost?centers,cost?control.

Answer Question  Select Best Answer

Why always Liabilities are on left side and Assets on right side in Balance Sheet?

Ankit Jain

• Jul 9th, 2014

Liabilities side of balance sheet deals with how the funds are raised whereas the assets side of balance sheet deals with how the funds are invested. Firstly the funds are raised (by incurring liabili...

steadyshot23

 Profile Answers by steadyshot23 Questions by steadyshot23

• Mar 18th, 2010

The accounting equation is Assets= Liabilities + Stockholders EquityAs you can see the assets  are on the left and Liabilities are on the right. On the Balance sheet Assets are reported first and Liablities and Stockholders Equity after.

Answer Question  Select Best Answer

Number of reconciliation

priya

• May 13th, 2014

My opinion is reconciliation is a differences between the bank passbook and customers cash book

Hemanta Behera

• Mar 19th, 2014

Reconciliation is the part to tally every transaction.

Answer Question  Select Best Answer

Hemant

• Mar 19th, 2014

Standard remittance is the part credit sales against any other documents.Bill receivable remittance is the part of credit through Bank.

Answer Question  Select Best Answer

Can anybody give me example regarding trading applications i.e. what are the Sample Test Plan/Test Cases for trading applications???

Hemant

• Mar 19th, 2014

Trading application is the part of trading business.the business which transaction made none productable business.

Answer Question  Select Best Answer

Why depreciation is not charged on land?

nabasmita bordoloi

• Feb 28th, 2014

Depreciation refers decrease the value of tangible fixed assets due to wear and tears, technology obsolesces , passes of time etc. but land is a tangible asset which value never decreases. land value is always appreciated.

Dasrath

• Aug 11th, 2013

Depreciation in known as gradual decline in the usable value of the asset due to various factors i.e technological changes etc.

Answer Question  Select Best Answer

shubham singh

• Nov 24th, 2013

Yes u have to follow some formalities u have to fill transfer form and also put a revenue stamp on this form

rama krishna

• Jul 16th, 2007

Generally dividends are paid from out of profits derived by the company to the investors. A dividend warrant is an instrument sent by the company with the amount to be received by the investor.

Answer Question  Select Best Answer

Power Bhd is considering raising new finance by a right issues of 2million new ordinary shares of RM0.50 each at RM1.60. Currently the share price is RM1.80 and the issued ordinary share capital is RM8million. Shareholders are entitled to 2 new shares for every 8 shares held.

(a) How much will be raised by the new issues if issue cost are 3% of the gross proceeds?
(b) What will...

amit singh

• Oct 16th, 2013

Finance means it is the provision of money at the time when it is required for the business. its inflow and outflow of the business. without money their is money.

Answer Question  Select Best Answer

What is the difference between a Provisions and Reserves?

Mir Raashid

• Jun 5th, 2013

Provisions: provisions are made for meeting known liabilities..e.g.,provision for doubtful debts ,provision for depreciation e.t.c..
1. It is charged against profits .
2. provisions are compulsory ,whether there are profits or loss.
3. it cannot be used for distributing dividends.

rajesh.GOPI

 Profile Answers by rajesh.GOPI Questions by rajesh.GOPI

• Dec 25th, 2007

PROVISIONS: These are made aganist charge. Provision are made if there is profit or not for company.ex: Bad debts, income tax.RESERVES These are made on profits. Generally every has kept minium 10% as reserves.

Answer Question  Select Best Answer

Procedure of Vat and its return filing with full details?

Dharmesh

• Mar 24th, 2013

Prepare 201 This is a summery of all purchase and all sales All purchase including folloiwng Taxable purchase on which In put tax credit is receivalbe Taxable purchase on which In put tax credit is n...

Answer Question  Select Best Answer

What is Account Payee cheque? Expand CTC cheque?

gsrinivas

• Mar 4th, 2013

Account payee means, who wrote cheque to whom, That person must and should have bank account.

CTS : cheque transferred system.

tracy

• Dec 12th, 2012

How do u get your information from other tax years so that you can provide the right notification to the IRS.

Answer Question  Select Best Answer

anil joshi

• Feb 2nd, 2013

Ratios used to judge the adequacy of liquid assets for meeting short-term
obligations as they come due, including
1) the current ratio,
2) the acid-test ratio,
3) the inventory turnover ratio, and
4) the accounts receivable turnover ratio.

suji

 Profile Answers by suji Questions by suji

• Feb 29th, 2012

Short-term Solvency Ratios Its a ratio to measure the firms ability to meet short-term financial obligations. With this the firm will avoid financial distress in the short-run. There are two most important Short-term Solvency Ratios
1. Current Ratio.
2. Quick Ratio.

Answer Question  Select Best Answer