Answer Posted / s.s.nageswara rao

As per double entry system of accounting three golden rules
are there. which are:-
Debit Credit rule for Personal Accounts:
*Debit the Receiver
*Credit the Giver
Debit credit rule for Real Accounts:
*Debit what comes in
*Credit what goes out
Debit credit rule for Nominal Accounts:
*Debit all Expenses and Losses
*Credit all Incomes and Gains

about tally erp9

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please provide wct retun guide line how can prepaire that

2355

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Mention some of the major contributions made by you in your present and previous jobs

6111

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Queries for Big4 Articleship : Whether son of CA in practice effects chances.

6931

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I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2476

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The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me

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what is the step in preparing the schedule of audit? can someone explain for me?

2036

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what can increase gearing?

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Expand-------ASRT

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What is written off?

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Which document should be attached with purchse & sales invoice?

1870

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Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

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what is purchase consideration? How does it come about and how is it treated in the books?

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Short Answer on ______________Import Trade

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