on the trial balance which thing gone to debit site & which things gone to c

Categories >> Business Management >> Banking Finance
Suggest New Category

on the trial balance which thing gone to debit site & which things gone to credit sites?

Question Posted / guest

5 Answers
8088 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

on the trial balance which thing gone to debit site & which things gone to credit sites?..

Answer / srinu

all expenditure and assets in debt side & all revenue and liabilities in credit side

Is This Answer Correct ?

34 Yes

0 No

on the trial balance which thing gone to debit site & which things gone to credit sites?..

Answer / narendra

all expensess and assets are coming to the debit side and
all liabilities and receiveble are ciming in the credit
side.

Is This Answer Correct ?

21 Yes

0 No

on the trial balance which thing gone to debit site & which things gone to credit sites?..

Answer / manisha.badole629

all expences and losses are debited
all incomes and gains are credited
all assets are debited
all liabilities are credited
no entry for closing stock

Is This Answer Correct ?

6 Yes

1 No

on the trial balance which thing gone to debit site & which things gone to credit sites?..

Answer / srikanth

A Trial Balance of the Comapany consists of its Liablities,
Assets, Incomes & Expenditure. A Trial Balance Consists of
Assets and Expenditure in Debit side & Liabilities and
Incomes in Credit side.

Is This Answer Correct ?

2 Yes

0 No

on the trial balance which thing gone to debit site & which things gone to credit sites?..

Answer / ajay pandey

All expeces and asts
(salary,building) are
coming in Dr. Side and
all income and libality
coming in Cr. Side.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Banking Finance Interview Questions

Hiii, i have done mba finance after doing b.tech biotech. I am now facing many problems in interview as yhey are asking about my biotech back ground and secondly the questions posed by the interviwers consist of core finance and i can't answer as in mba they teach about each subject superficially? What must i do now?

0 Answers

what is the objective of taxation in private company?

1 Answers HSBC,

What Is The Difference Between Net Cash Flow And Net Income?

0 Answers

how many red cars in india ...............

2 Answers

what is derivatives

6 Answers

What are cash Resources?

4 Answers

i have received bill from civil work contractor in that they charges Service tax & vat on same amount & .Please clarify