why debit is called debit.& why debit is on left side,why not on right side ?

3 Answers  

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Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.

0 Answers  

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Examples each for golden rules of accounting

31 Answers   ABC, Accenture, BSNL, DELL, General Insurance Corporation, Genpact, IBM, Microsoft, Wipro,

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What is an accounting loss?

0 Answers  

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if goods purchased from x company for rs1000 in credit,out of that 10% given discount for us what is the entry in tally?

8 Answers   Genpact,

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cheque deposit is a contra entry?

0 Answers  

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What is difference between budget & budgeting

1 Answers  

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Explain about SEC

4 Answers   Capital IQ,

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Explain what is liabilities and what all does include in current liabilities?

0 Answers  

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Productive Investment is Working Capital. Is it correct?

0 Answers  

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Please let me know in which Section we can disallow loss on sale of assets which has been debited in profit and loss account

1 Answers   Genpact,

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What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.

0 Answers  

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