Question
The total of the discount column on the debit side of a
cashbook is posted to the:Solution
At the end of the month, the total of the discount allowed column on the debit side of the cash book is posted to the debit side of the Discount allowed account. The total of the discount received column on the credit side of the cash book is posted to the credit side of the Discount received account.
Balance of trade is the _______________.
What does 'VAT' stand for in the context of taxation?
Which entity regulates mutual funds in India?
Geological Survey of India (GSI) has approved the setting up of a geopark in ____________, the country’s first.
What function do commercial banks in India perform?
Consider the following statements about government securities and derivatives:
(I) Government Securities are risk-free gilt-edged instruments....
What economic system is characterized by a free-market economy?
Up to what limit, FDI in insurance sector is allowed by the Government of India ?
Who is the author of the book ‘Revolutionaries’?
What does the “C” stand for in LCR?
Relevant for Exams:
