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.

Maintaining books of accounts (Cash, Petty Cash, Bank,

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what wll i do to remove my fairs facing for interviewee?

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A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?  

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What is Current Assets minus current Liabilities?

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what will be the entry for baddebts write off. what will be the entry for baddebts write off recovered.

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Under Accrual Accounting, How Are Worker Comp Premiums Handled?

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What is GR form why we use it and what is the step of GR FORM by various department as some little knoledge of me it is used by custom for wher the FERA is applicate. But I dont now where FERA is applicatble thanks

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in Tally accounting programme where should I can make ledger for Work in Progress? under which accounting head? Eg. Debit will be under Current Asset a/c and what about credit? whether it is under Purchase a/c? or under Income a/c?

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Explain the term account payable?

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Tell us what is the abbreviation for the accounting terms debit and credit?

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what is difference between single ledger & multiple ledger with solid example .beacuse i am slow learner .

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how to pass an entry for expenditure by deducting tds for customer

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