Credit balance in the Pass Book represents _____________ 

1 Answer

Answer :

Credit balance in the Pass Book represents _____________ (a) overdraft (b) bank balance (c) loan borrowed (d) negative

Related questions

Description : The debit balance of Pass Book represents overdraft.

Last Answer : State whether the following statement are True or False with reason : The debit balance of Pass Book represents overdraft.

Description : The Rashtrakuta dynasty declined because of _____________ 

Last Answer : The Rashtrakuta dynasty declined because of _____________ (a) attacks of Pallavas and Satavahanas. ... (d) attacks of Cholas and Valatakas

Description : The Indian culture between north India and south India become diverse because of _____________ 

Last Answer : The Indian culture between north India and south India become diverse because of _____________ (a) ... d) the conflict between North and South India

Description : The capital of Shilaharas of North Konkan was _____________ 

Last Answer : The capital of Shilaharas of North Konkan was _____________ (a) Sthanak (Thane) (b) Goa (c) Kolhapur (d) Panhala

Description : The capital of the Pallavas was _____________ 

Last Answer : The capital of the Pallavas was _____________ (a) Chennai (b) Kanchi (c) Mahabalipuram (d) Chingalpet

Description : The founder of the Chalukyas is _____________ 

Last Answer : The founder of the Chalukyas is _____________ (a) Pulakeshin I (b) Pulakeshin II (c) Vikramaditya (d) Jaising

Description : The first Chola king was _____________ 

Last Answer : The first Chola king was _____________ (a) Raya Raja (b) Rajendra Chola (c) Karikala (d) Rajendra II

Description : The Gupta kings changed the economic structure of agricultural system because, _____________ 

Last Answer : The Gupta kings changed the economic structure of agricultural system because, _____________ (a) ... theme of the sculptures in the Gupta period

Description : The Gupta period is considered as the classical age of Indian history because of _____________ 

Last Answer : The Gupta period is considered as the classical age of Indian history because of _____________ ( ... (d) development in Art and Architecture

Description : Kanishka had organized the fourth Buddhist Council in the Vihara at Kundalvan in _____________ 

Last Answer : Kanishka had organized the fourth Buddhist Council in the Vihara at Kundalvan in _____________ (a) ... Kashmir (c) Pallavas (d) Gondophernes

Description : The history of Kashmir can be found in Rajatarangini of _____________ 

Last Answer : The history of Kashmir can be found in Rajatarangini of _____________ (a) Kalhana (b) Harsha (c) Ghatothkach (d) Kalidasa

Description : The Shakas divided the state into various _____________ 

Last Answer : The Shakas divided the state into various _____________ (a) provinces (b) districts (c) villages (d) towns

Description : (i) The business to be transacted at the meeting is called _____________ 

Last Answer : Select the correct answer from the options given below and rewrite the statements. (i) The business to be transacted at ... (a) 15 (b) 5 (c) 2

Description : The document that contains the constitution of the company is _____________ 

Last Answer : The document that contains the constitution of the company is _____________ (a) Article of ... b) Prospectus (c) Memorandum of Association

Description : Bank charges debited by Bank increase bank balance as per Pass Book.

Last Answer : State whether the following statement are True or False with reason : Bank charges debited by Bank increase bank balance as per Pass Book.

Description : Overdraft means _________ balance of Pass Book. 

Last Answer : Overdraft means _________ balance of Pass Book. (a) opening (b) debit (c) credit (d) closing

Description : What do you mean by the debit balance of Pass Book?

Last Answer : What do you mean by the debit balance of Pass Book?

Description : What does the credit balance of Cash Book indicate?

Last Answer : What does the credit balance of Cash Book indicate?

Description : (i) A bound book of Account. (ii) The credit balance of the Bank Account.

Last Answer : Write the word, term, phrase, which can substitute each of the statement : (i) A bound book of Account ... . (v) The right-hand side of an account.

Description : Which of the following statements about normal salt and water balance are true? A. The products of catabolism may be excreted by as little as 300 ml. of urine per day. B. The lungs represent ... of total body water. E. In normal humans, urine represents the greatest source of daily water loss.

Last Answer : Answer: CE DISCUSSION: The skin is the primary source of insensible water loss. Including losses from the lungs, this averages 600 to 900 ml. per day. Catabolism liberates water of solution. In ... still excrete a minimum of 500 to 800 ml. of urine per day to expel the products of catabolism

Description : If the purchases made during the year were Rs. 60,000, the balance of stock in trade at the beginning and at the end of the year were Rs. 12,000 and Rs. 9,000 respectively and the gross profit on sales was 1/5th, when which ... year ? (A) Rs. 15,750 (B) Rs. 14,000 (C) Rs. 12,500 (D) Rs. 17,250

Last Answer : Answer: Rs. 12,500

Description : Why would a transaction marked "credit" with a positive value deduct from my available balance at the bank?

Last Answer : If your bank hasn’t verified the funds from the entity giving you the credit yet, they won’t make it available for you to access.

Description : If you have a loan or credit card balance, and you pay over the minimum due, whatever you pay over goes directly to the principal, right?

Last Answer : answer:The longer you have the debt the more interest you pay as each month more interest is added. If you only pay the minimum you will have the debt for much longer and you will pay more interest. The ... . Even I you pay the loan of early you will stay pay the interest for the full loan period.

Description : Does paying off a settlement on your credit card balance harm your credit rating?

Last Answer : No

Description : PayPal question: When buying something, how can I choose to use a credit card as opposed to my PayPal balance?

Last Answer : Isn’t there an option to choose card? I swear from memory theres a link you can click to choose alternative payment!

Description : How long should I wait to pay the balance on my credit card?

Last Answer : Your friend is wrong in just about every way a person could be wrong about this topic. Pay it off immediately.

Description : If the trial balance shows a short credit the suspense account will have a _______ balance. 

Last Answer : If the trial balance shows a short credit the suspense account will have a _______ balance. (a) debit (b) zero (c) credit (d) nil

Description : A Debtors A/c always show a credit balance.

Last Answer : State whether the following statement are ‘True or False’ with reason : A Debtors A/c always show a credit balance.

Description : When the total of debit side of an account exceeds credit side, it is called __________ balance. 

Last Answer : When the total of debit side of an account exceeds credit side, it is called __________ balance. (a) Debit (b) Credit (c) Nil (d) Real

Description : Excess of debit total of an account over it’s credit total indicates _____________ balance. 

Last Answer : Excess of debit total of an account over it’s credit total indicates _____________ balance. (a) Negative (b) Positive (c) Debit (d) Credit

Description : What do you mean by Credit Balance?

Last Answer : What do you mean by Credit Balance?

Description : Is the AR on balance sheet credit or debit account?

Last Answer : Feel Free to Answer

Description : Which would be better to do, pay of a closed credit card that is at a good rate or pay off the open credit card that has a much higher interest rate Both cards have a large balance.?

Last Answer : It is better to pay off the open card that has the higher interest rate.

Description : I had filed for bankruptcy 2yrs ago and it was dismissed. I have a zero balance on a auto loan that shows on my credit report. Do I still have to make my car payments?

Last Answer : If you reaffirmed your car loan during your bankruptcy, you agreed to continue making the payments. If you included your car in the bankruptcy, then the loan was wiped clean, as it appears to have ... the lawyer who handled your bankruptcy, but my guess is that your car slipped through the cracks.

Description : If you have a credit card with a balance of 754.43 at a 13.6 APR. If you have 300.00 available each month to save or pay down your debts. a. How many months will it take to pay off the credit card if?

Last Answer : It will be paid off after 4 months of payments. In total you will pay $1,056.53, which is $302.10 in interest. Remember kids, use your credit wisely.

Description : How does credit card balance transfer in an office work?

Last Answer : Credit card balance transfers are essentially when a credit card holder starts a new credit card to pay off whatever debts and charges the owner may have on the old credit card. The charges from ... if the person makes sure to read the details the new credit card company has regarding the transfer.

Description : How do I transfer the balance on my credit cards?

Last Answer : You will have to talk to you credit card company. They will be able to assist you in transferring your balance on your credit cards.

Description : Is there an online site that I can do a comparison of balance transfer offers amongst a variety of credit cards?

Last Answer : Yes, you can find online sites that list credit card offering balance transfer. The following is one such site. http://www.creditcardcompare.com.au/balance-transfer-credit-cards.php

Description : Government grants related to income as per the Accounting Standard (AS)-12 should be- (A) Presented as a credit in the statement of Profit and Loss (B) Presented as a deferred income on the asset ... of balance sheet (D) Presented both in the Profit and Loss statement and in the balance sheet

Last Answer : Answer: Presented both in the Profit and Loss statement and in the balance sheet

Description : The Freight-in account a. increases the cost of merchandise purchased. b. is contra to the Purchases account. c. is a permanent account. d. has a normal credit balance

Last Answer : a. increases the cost of merchandise purchased.

Description : Which of the following accounts has a normal credit balance? a. Sales Returns and Allowances b. Sales Discounts c. Sales d. Selling Expense

Last Answer : c. Sales

Description : ncome Summary has a credit balance of $12,000 in J. Sawyer Co. after closing revenues and expenses. The entry to close Income Summary is a. credit Income Summary $12,000, debit Retained Earnings ... 000, credit Dividends $12,000. d. debit Income Summary $12,000, credit Retained Earnings $12,000.

Last Answer : d. debit Income Summary $12,000, credit Retained Earnings $12,000.

Description : Speedy Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The ... Receivable, $940. d. debit Accounts Receivable, $940; credit Cash, $450 and Service Revenue, $490.

Last Answer : c. debit Cash, $450 and Service Revenue, $490; credit Accounts Receivable, $940.

Description : If Income Summary has a credit balance after revenues and expenses have been closed into it, the closing entry for Income Summary will include a a. debit to the retained earnings account. b. debit ... . c. credit to the retained earnings account. d. credit to the owner's dividends account.

Last Answer : c. credit to the retained earnings account.

Description : Premium received on issue of shares is shown on-----------. A. asset side of the balance sheet B. liability side of the balance sheet C. credit side of the P&L a/c. D. debit side of the P & L a/c

Last Answer : B. liability side of the balance sheet

Description : Bank column in Cash Book represents Proprietor’s Savings A/c.

Last Answer : State whether the following statement are True or False with reason : Bank column in Cash Book represents Proprietor’s Savings A/c.