definition of Accounts
types of accounts
debit and credit definition
debit and credit rules
accounting rules
- 1 Answers
- 3918 Views
- I also Faced
- E-Mail Answers
Answer / sumitra.raghavan
accounts is a statement containing summarised record of
transactions held in relation to
assets,liab.debtors,creditors,expenses or income
accounts consist of two side debit and credit...
debit is derived from latin word debitum which means to
owe...it is found in the left hand side of account.credit is
derived from credere whcih means to be oneself.it is shown in
righthand side of accounts
| Is This Answer Correct ? | 1 Yes | 1 No |
What is impairment of assets?
What allowances & % charged on Basic Salary. And what Benefits and its % charged on Basic Salary.
What is finalization
Hi everybody, can anybody tell me what will be the journal entry for ( 1). Withdraw from SBH Rs.10,000 for office use. 2). Withdraw from SBH Rs.5,000 for private use. Thanks,
Main sources have long-term finance ? Explain
What is suspense account?
how pass journal entry in the month ending for input vat and out put vat
journal entries.. 1. sold goods for cash $2500 2. sold goods for $5000 on credit 3. received from customer 4. paid creditors $5000
What is Accruals ? How it is treated in finacials
How bank reconciliation statement is prepared
i, transfer to capital redemption reserve is not allowed from A, GENERAL RESERVE B, PROFIT PRIOR TO INCORPARATION C, RESERVE FUND D, NONE OF THE ABOVE
What is BRS?
Audit 
