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what are the basic accounting entreis ?

Answers were Sorted based on User's Feedback



what are the basic accounting entreis ?..

Answer / prasanna

debit receiver credit giver
debit what comes in credit what goes out
debit expenses or losses credit incomes or gains

Is This Answer Correct ?    41 Yes 1 No

what are the basic accounting entreis ?..

Answer / b.balaramakrishna

Debit what comes in and credit what goes out, debit all
assets and credit all laibilities, debit the expenditure
and credit the income

Is This Answer Correct ?    22 Yes 11 No

what are the basic accounting entreis ?..

Answer / ramanandhudu

debit receiver and credit tha giver
what comes in debit what goes out credit
all expencess and loss debit incomes and gains credit

Is This Answer Correct ?    6 Yes 0 No

what are the basic accounting entreis ?..

Answer / syed ajmal

Debit losses credit gains
Debit reflect in assets side and credit reflect in liabilities side
Debit receiving credit giving

Is This Answer Correct ?    1 Yes 0 No

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