Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


1) What is mean by debit, credit
2) what is mean by purchase, sales

Answers were Sorted based on User's Feedback



1) What is mean by debit, credit 2) what is mean by purchase, sales..

Answer / nayeem

This is the basic accounting procdure to follow

put in the left column, say: Debit
put in the right column, say: Credit.


2 Purchase the acquisition of something for payment.
Sale the exchange of goods for an agreed sum of money

Is This Answer Correct ?    0 Yes 5 No

Post New Answer

More Banking Finance Interview Questions

What do you know about retail lending?

0 Answers   State Bank Of India SBI,


Case Study:- Assume you are an insurance consultant dealing with an umbrella of insurance products of various insurance companies. you have been approached by the Dean of college to give presentation on the insurance titled "life insurance fulfils the needs of aperson". The presentation should include the various needs of person at different stages of life. you have been rrequested to include sufficient example to make the presentation more reachable.

0 Answers   LIC,


What are the advantages proprietary firms?

0 Answers  


hi...... my name is Rekha........ i taken karnataka bank exam i selected in written test and i also given interview... the bank announced result... in that my name comes in waitlisting candidated.... can please tell me who know is this job is confirm or not,,,,, i waiting for u r reply... who know about this please reply my email i d -- rekhakh23@yahoo.com

2 Answers   Karnataka Bank, SBA,


What is the difference between FII and FDI

0 Answers   Nabard,


What are the additional covenants in term loan agreement to protect lenders?

0 Answers  


What is Leverage Ratio?

2 Answers  


What do you know about term life insurance?

0 Answers   LIC,


How to reporton accounting procedures of any organization and what is the role of Indian GAAP in accounting procedures.

0 Answers  


Who are the latest Noble Prize Winners?

0 Answers   SEBI,


What are the objectives of slr?

0 Answers  


What is Cash profit?

1 Answers   UCO Bank,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3209)
  • Human Resources Interview Questions Human Resources (747)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)