Answer / ravindra

dual entity concept means for every debit there is a
corresponding credit

Answer / kiran

dual entity concept means for every transtion there is a two
aspects receiving & giving something else in return.

i.e,goods purchase for cash
we are receiving goods &in return we r paying cash in
return.

Answer / satyaki_raju@yahoo.com

The claims against the assets of the business unit are by
the creditors and owners.Therefore the total assets of a
business are equal to total liabilities at any time

what is share holders fund

1 Answers   Genpact,

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Expand ------PASA

1 Answers  

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Discount or expenses on issue of shares or debentures is an example of..

1 Answers  

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Does there need to be a declaration that the Trustee Investment Act 1961 has been complied with?

1 Answers  

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Mr X has invest Rs.150000/- from his saving bank a/c for fixed deposit after maturity he received with interest amt Rs.165000/- He requested bank to renewed the same excluding inst amt.Bank after deducting charges credit the insterest amt to Mr. X a/c..pass the Journal entry in the books of MR.X

2 Answers  

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two sales synonyms

1 Answers   FactSet Systems,

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i would like to know is closing stock appear in trial balance & it appears in which side in trading a/c

12 Answers  

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Why the closing stock will not appear in the Trial Balance?

2 Answers  

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Is sensex opens in morning with same points with which it was closed on eve of previous day or may its points change in night?

2 Answers  

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What is Suspense Account?

1 Answers   EDS,

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Give three examples of P/V ratio?

1 Answers  

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What is capital gains?

2 Answers   Brigade,

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