what is meant by debit and credit
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Answer / sweety
Every aspect in accounts is a cash. So,
if cash comes then cr.
if cash goes then dr.
Is This Answer Correct ? | 1 Yes | 6 No |
Answer / s.shiva kuamr 9848083705
DEBIT MEANS "DUE TO THAT"
CREDIT MEANS "DUE FOR THAT"
Is This Answer Correct ? | 13 Yes | 20 No |
what is the difference beetwen trade discount and rebate & discount
5 Answers Chartered Accountant, Punjab and Sind Bank,
how to give the jv for the following transation eg',Our Comapny Name U2 1.cheque recd from customers of Associate Comapany (U1 Ltd):575 on U2(Our company Name).we deposited that cheque in our bank a/c. 2.U1 debited U2 for 575/- passing 1 jv like Due from U2(Our comapnY) dr 575 To collection from Customers cr 575. now how can I recognise both entries and how can i reconsile my BRS... This Receipt is not belongs to U2
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