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

 Profile Answers by seelujangra Questions by seelujangra

• 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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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

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• 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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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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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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rama krishna, chirala

• Jul 26th, 2007

Generally accounting is the art of recording, clasyfing ,and summarising the business transactions. here the second one classifying which deals with the partitioning of activities in different groups

giri

• Mar 24th, 2006

Partitioning is nothing but grouping based on the cluster which is similar kind of response by a system..

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What is Back Flash Accounting and explain with an example

Muralidharan J

• Jul 25th, 2007

When you report Finished goods production in the system,?raw materials/packing materials/chemicals will be issued automatically by the system as per the Bill of materials specified in the system for that specific finished?product?

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How does posting acctounts payable and receivable effect the general ledger?

Muralidharan J

• Jul 25th, 2007

Once the posting is done, then the debtors/creditors ledgers are updated and the correct balance is reflected in the ledgers.

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Chandra Shekar

• Jun 17th, 2007

Premises is and Fixed Assed in the accounting sense which is shown in the balance sheet in final accounts Vat adjustment is  out put tax - input tax  the vat which is paid on purchase will be decucted from vat colledted from sales this adjustment is known as vat adjustment

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Ramesh Sangameswaran

• Jun 11th, 2007

Service Tax is a form of indirect tax imposed on specified services called taxable services. Presently it covers 58 services.? service tax shall be paid by the service provider but?collected f...

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nilesh

• Jun 8th, 2007

Bank reconciliation statement means uncleared deposited & issued cheques.

tharaka

• Feb 1st, 2007

To adjust the difference between bank passbook and company cash book is calles brs

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Rakesh Gupta

 Profile Answers by Rakesh Gupta Questions by Rakesh Gupta

• May 9th, 2007

It depends on where you are using this abbriviation.SLA stands for Service Level Agreement Where in you are entering with the other departement of your organisation for performing some duties. ie Purc...

Ramamoorthy

• Mar 13th, 2007

SLA refers to Service Level Agreement.

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