what does debit and credit mean in accounting and what is its underlying concept and its treatment. in the cash book dr means receipt nad credit means payment? is it correct?

4 Answers  

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What is depreciation? What are the various methods thereof?

5 Answers  

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IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT INSTEAD OF PROFIT OR LOSS ACCOUNT ?

6 Answers  

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What is the relevant range and why is it important to a full understanding of the behaviour of costs?

1 Answers  

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What is Opening & Closing Entry

4 Answers  

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What is bank Reconciliation Statement?

2 Answers   EDS,

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expand I T C

7 Answers  

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taken loan from Private person(Dec'2014) - Rs. 6 lac and already interest paid for the year 115200 but interest taken for A/c Rs.38400/-.(upto March2015). remaining amount for this year i.e. 76800/- how to enter in tally. please clearify

1 Answers   College School Exams Tests,

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What is the difference between Personal account, Real Accounts and Nominal account?

2 Answers   Adani,

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Presently I am Working with one of the manufacturing unit and I want to know the % of calculation of esic & provident fund from basic & dearness allowance.

1 Answers  

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salary is which type of account??

20 Answers   Cap Gemini,

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EXPAND______________OLTAS

2 Answers  

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