Answer Posted / gaurav kumar yadav

There are 3 types of Accounts :-
1. Personal Account
2. Real Account
3. Nominal Account
Debit what comes in , Credit what goes out.

Debit all expenses and l;oses. Credit all income and gains

Debit receiver and credit giver

What are motive behind mergers And acquisitions?

2157

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what are the uniform public construction cost accounting act procedures?

1975

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Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2599

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what do you meant auction? what is F & o segment?

2303

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Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

1969

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2469

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what is pre post expenses

4975

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who invented acounts?

1872

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business sepsarate entity concepts

2188

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why you choose accounting as your career ? ?

1785

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

2117

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can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....

2260

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EXPAND___________IMF

2209

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what is the use of special general ledger if the normal trasaction in usage.

2099

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If its is declared by auditor that business is not going concern that what journal entry will be pass?

1925

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