what is the rule of debit and credit.
Plz detail answer.
thankful to you
Answer Posted / sandhya
Every transaction will have two aspects i.e., debit and
credit aspect. Every debit is equal to its corresponding
credit. Journal entry is passed by following the rule of
debit and credit, according to which debit the receiving
aspect and credit the giving aspect.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
what is organic profit? and how it is calculated?
tell me about roll model as father
What is Mean By FRS for HQ reporting, How To Prepare?
Entrance Exam question & Answer required
Expand-------MTRS
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
how to maintain E-Commerce companies accounts
What is the Memorandum voucher?
what is the procedure of interview question in genpact
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
Expand CASA
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
Short Answer on ______Amortization