Answer Posted / deepak chikane

for personal accounts
debit the reciver and credit the giver
(e.g.PERSONS ram sham ARTIFICIAL PERSON firm,socity)

for real account
debit what comes in cerdit what goes out
(e.g. land and building,plant,cash)


for nominal account
debit all expenses and losses and credit all income and gain
(e.g.rent,salary,divident recived)

Define capital

4081

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Expand-------CAN

1914

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Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

2394

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Can I freeze my account?

2107

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Expand---------DEP

1940

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What is the relationship between, issued share capital, share premium and paid up capital?

2397

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cost accounting process

2053

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Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1978

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Expand-------NBTA

2102

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Short Answer on ___________Appreciation

1960

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Examples of automatic generated content material of car logbook loans?

1818

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what is automatic payment in sap fico

2073

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What do you mean Business

2247

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What is accounts payable?

2135

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can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

2398

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