What is called allowance (Kasar) ? – InterviewSolution

InterviewSolution

1.	What is called allowance (Kasar) ?
Answer» Many times businessman pays less amount or receives less amount at the time of final settlement. Whatever short amount is paid or received is known as allowance (Kasar).

Discussion

No Comment Found

Related InterviewSolutions

At the time of preparation of invoice, which discount is deducted?
State whether the following statements are True or False with reason:Book Keeping records monetary and nonmonetary transactions.
French word ‘Jour’ means …………(a) day(b) month(c) year(d) date
From which language the English word ‘Journal’ is derived? What is meaning it?
Which other name of book of Journal book is known ?(a) Main book(b) Fundamental book(c) Master book(d) King of books
Why rough book is not treated as a component of books of accounts ?
Rough book is also known as ………………. .(a) Tanchan(b) Journal(c) Ledger(d) Collection book
Which one of the following is not treated as a component of books of accounts ?(a) Journal(b) Rough book(c) Subsidiary book(d) Journal proper
What is the object of preparing an account?
Give two examples of Nominal Accounts.