what is meant by debit and credit
Answer Posted / guest
What comes in, The Receiver All expenses & Losses
Credit means, What goes out, the giver, all incomes and
revenues
| Is This Answer Correct ? | 33 Yes | 7 No |
Post New Answer View All Answers
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
What is 100% EOu? what is the benifit and what is difficulty of it?
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
Give me total Details of payroll calculation, payslip with examples.
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
what is the good prasentation on interview
Short Answer on _________Accounts Receivable
what is GL Balance
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.
What Are The Characteristics Of Modern Accounting?
what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)
What is re-financing in Letter of Credit settlement
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note