Question
Any decrease in the bank balance is recorded on ______
side of Cash Book and in _______ Column of Pass Book.Solution
Cash book is prepared by Companies. As per the rule, Debit what comes in- credit what goes out. Journal entry would be – cash book A/c Debit and Bank A/c will be credited. Opposite entries is passed in pass Book
According to Union Budget 2023-24, consider the following statements regarding the rationalization of Direct Tax:Â
1. Removing the minimum thr...
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Which of the following is not an external factor leading to credit risk?                   Â
...Shares in ABC Co have a beta of 0.8.
The market is giving a return of 15% and the risk-free rate is 8%
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2)Â Â Â Economic and political cond...
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