Answer / harish kumar

Rule of accounting :-
1. For Personal Account :
DEBIT THE RECEIVER,
CREDIT THE GIVER.
2. For Real Account :
DEBIT WHAT COMES IN,
CREDIT WHAT GOES OUT.
3. For Nominal Account :
DEBIT ALL EXPENSES AND LOSSES,
CREDIT ALL INCOMES AND GAINS.

What is the fullform of WCT? Can anybody tell me about this? How and where are we using this?

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EXPAND_________TIN

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mutual funds invest in preference shares or not?

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What is difference between Accrual and Provision,provide me with an example.

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expand-----KGH

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Two candles of equal lengths and of different thickness are there. The thicker one will last of six hours. The thinner 2 hours less than the thicker one. Ramesh light the two candles at the same time. When he went to bed he saw the thicker one is twice the length of the thinner one. For how long did Ramesh lit two candles ?please describe full description

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What is the difference between TIN no. and CST no.?

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what is debit note entry ?

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what is open item managed account?

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kamal became insolvent.a first and final payment of 60 pasie in a rupee was recived from his official recived.he owner me a debit of amount is RS 500 give the journal entries for this

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The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

1 Answers  

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expand------STR

1 Answers  

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