Concepts Of Debit,Credit,Double Entry Accounting and
Matching
Answer / jitu
if we record something on left side of any account is
called debiting and if on right side of any account is
called crediting in double entry book keeping every
transaction is having tro effect one is debit and another
is credit so it is called double entry accounting. matching
means to match we are matching our expenses with our income
and because of that we gets loss or profit.
Is This Answer Correct ? | 1 Yes | 2 No |
Tell me in accounting, how do you define premises?
What is executive accounting?
A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?
In which expense we book the expense related to certification of ISO 9001 certificate & consultant fee.
what is equity shares?
Do you know what is liabilities and what all does include in current liabilities?
how to solve cashbook question
WHAT IS IRR,NPV AND AT WHICH RATE THE PRESENT VALUE IS CALCULATED
Please explain about wages control account?
Among financial and cost accounting,which is more important? why?
WHAT IS FORM E1 AND E2
How create the invoices?
0 Answers Infomatics Software Solutions,