basic rules in accounting
Answer Posted / rdiyewar
1. Debit to receiver
Credit to giver
2. Debit what comes in
Credit what goes out
3. Debit All Exp /Loss
Credit Income/Gain
| Is This Answer Correct ? | 136 Yes | 6 No |
Post New Answer View All Answers
Clasify Loss
Expand-------NABT
how to mention last year profit of ay private limited company in current year balance sheet ?
what are responsibilities of an accountant in a company?
What is the basic difference between pledge, hypothication and mortgage????
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
EXPAND______________ICT
Distinguish between sale and consignment
Define Bill of Exchange
where we have file E-returns in SAP FICO-CIN/Wtax?
please explain the uses of internate protocol address(ip add)?
Who is the maker of the promissory note
what tax will be on puchasing of sweets and is necessery to use form 38.
What is the definition of LOSS. Give the formula if any.
Whatis new GL & Odd G.L What is the difference between these two.