Answer Posted / t.r.n. sivakumar
Account is a financial record of business transactions in
which maintain according to the principle of double entry.
It also implies that every debit has an equal credit and
every credit has an equal debit. It has two sides in which
classified into debit and credit. On left hand side of the
accont is called as debit side and right hand side of the
account is called as credit side. On debit side of account
use 'To' and credit side of account 'By'.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
Feature of Master letter of credit of Garments manufacturing company?
what is a depository?
which is the combine entry in ERP?
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
distinquish between liquidity ratio and asset management ratio
What exactly balance sheet depicts
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
What si the differance between REVENUE and PROFIT?
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
tell me about roll model as father
Expand---------MNOP
bill to addres? ship to addres? rimit to address?
what is organic profit? and how it is calculated?
What is fixed liabilities