Interested to Buy Any Domain ? << Click Here >> for more details...
HI ALL PLS EXPLAIN IN BRIEF ABOUT DEBIT& CREDIT& ALSO GIVE
EXAMPLES FOR PERSONAL a/c,REAL a/c,NOMINAL a/c?
- 3 Answers
- 5573 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / jagadish
personal a/c - Debit the receiver & credit the giver
Real a/c - Debit what comes in & credit what goes out
Nominal a/c - Debit all expenses & losses & Credit all
incomes & gains
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / praveen
Debit & Credit are noting but Two Sides of a each & Every
Acoount in Double entry System.
e.g. Personal A/c- Dhiraj A/c,A/c in the Name of Co.etc
Real A/c- MachinaryA/c, Building A/c,
Nominal A/c- Nominal A/c are the accounts prepered for
nominal reason.e.g. postage A/C,Curiour A/c etc
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sudhakar
Incoming Benifit OR Receiving Benifit OR Benifit of the
Organitaion OR Incurred donot loss is called Debit
Out going Benifit OR Giving Benifit OR Quality of prosuct
to send out Organisation is called Credit
| Is This Answer Correct ? | 1 Yes | 0 No |
what quick books how to prepare
What can the maxium amount transfer to the Suspense a/c?
1 Answers BPO, Outsource Partners International,
what is the journal entries of a debit/credit notes in the books of seller and purchaser's A/C.
what is exact entry for cash receipts and cash payments? did sales n purchases invoices are issued to this receipts n payments?
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
npa is either person or account
Expand ________GOPI
Who is called consignor
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Expand----------SAMC
Why do you want to work for us?
Audit 
