Golden rules of accounting
Answer Posted / aryadipta
increase in asset is debit
decrease in asset is credit
increase in Liabilities is crebit
decrease in Liabilities is dedit
All expenses & losses are debits
All incomes 7 profits are credits
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
can u let me know how the bankers calculate interest on O.D.account
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Define control account Thanks
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
When is a dedit note raised When is an expense booked
Expand-------NAST
Expand MNS
What is Compliance?
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
How to answer for the question, tell me about ur project? I mean in which format can i say?
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
What are the stages involved while preparing business blue print with examples?
What are the general Ledgers?
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule