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Please provide the exact answers of Questions

isha (student) (253 Points)

03 December 2009

1. What do u mean by Derivatives and its types?

2. what differance Between Capital reserv and reserve capital?

3. what is proviosion for bad debts and provision for bad and doubtfull debts

4. WHAT IS ACCOUNT? WHAT IS FINANCE? WHAT DO YOU MEAN BY FINANCE AND ACCOUNTS?

5. What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ? What is means by ESI ? How to calculate ESI ? ESI challan or form No. ? What is means by sales tax (vat also)? How to calculate Sales tax (vat also)? Sales tax form no. (vat also) ? What is means by TDS ? How to calculate TDS ? TDS Form No. ?

6. what is the differences between quality assurance and quality improvements?

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Jag Bhushan Sharma (Faculty in a B-School) (633 Points)
Replied 14 December 2009

Derivatives are financial contracts based on some underlying assets. These are basically contracts in which a product (financial or others also) is agreed to be exchanged in future at pre-determined price. Derivatives can be futures, forwards and options.I

n the Capital Reserve all those incomes are credited which which are of capital nature. Reserve Capital means that amount of capital which company decides not to call except in case of dissolution of the company.

There is no difference between provision for bad debts or provision for bad and doubtful debts.