Answer Posted / sachin

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER

1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.

2336

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If income and expense both are equal then what it depicts

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EXPAND___________LNG

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1467

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What do mean by Computerization of accounts

2118

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Which document should be attached with purchse & sales invoice?

1506

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How can I find out my credit rating score for free?

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Short Answer on ___________Appreciation

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which are the basic princeples of accountancy... with examples

1733

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Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

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Is depreciation a expense or income?

1236

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