Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / h.r. sreepada bhagi
Debits & Credits in Accounting are defined as Rules of
Accounting as below :
1.Personal A/c - Debit the Receiver & Credit the Giver.
2.Real A/c - Debit what comes in & Credit what goes out
3.Nominal A/c - Debit all expenses & losses & Credit all
Incomes & Gains.
Generally Debit amounts are entered on the left column &
credit on the right column in Accounts. In some softwares,
all entries are made in one column with Dr. or Cr. Sign or -
sign for credits.
| Is This Answer Correct ? | 13 Yes | 4 No |
Post New Answer View All Answers
In which account does the unpresented cheque will get recorded?
What is dd and a in oil and gas accounting?
What are the characteristic features of financial accounting?
Explain what is gaap?
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
Debit Card Come Under Which group in Tally 9?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
Tell us why did you select accounting as your profession?
Ledger Enteries
In South Africa, the value added tax is administered by?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
how to see reoprt of miro booking in SAP FI
How the Entry passed for Loss of Payment
what is share application money pending allotment?
What is recording damage inventory in books of account?
