Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Each transaction has two aspects which is called as --------
----concept



Each transaction has two aspects which is called as -------- ----concept..

Answer / s

Each transaction has two aspects, i.e., debit and credit
this is called double entry system.

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

what is the fullform of CRR, GDP& WHAT ARE CURRENT5 CRR & GDP

3 Answers   Religare,


Is Telecom Infrastructure service provider company providing a Mobile Phone Tower to the operator for rental basis liable to pay VAT or not?????

1 Answers  


EXPAND______________RRB

4 Answers   Nabard,


What do you mean by SPOT Rate in case of Foreign Branch...???

1 Answers  


Answered but misspelled pl correct EARNED BUT NOT RECEIVED (ANS.DEURCCA)

2 Answers  


shareholder belongs to which one having shares both in equity and preference

3 Answers   ITC Infotech,


what are the items comes under personal,real,nominalaccounts?

4 Answers   Wipro,


What is Contra entry?

12 Answers  


Do assets have to be analysed between funds?

1 Answers  


what is cash memo? and how it could be differentiated from tax invoice?

5 Answers  


how many types of meeting are conducted by company?

2 Answers  


How can Goods Received Note (GRN) be cancelled?

1 Answers  


Categories