Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What are the differences between debit and credit?

Answer Posted / mari muthu

Debit is receiving aspect. Credit is giving aspect.

Is This Answer Correct ?    13 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

we can transfer stock between two firms with same name but prop. is different.

2071


If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company

1563


What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?

3460


Tell me entries to revenues accounts such as service revenues are usually?

3770


what is "goodwill" reserve and surplus and reserve with example

2031


can we change date in tally.erp s/w in educational mode ?

1626


Mention why some asset accounts have a credit balance?

1070


Why some asset accounts have a credit balance?

1075


What are accounting rules called?

1069


what is the difference b/w gain and profit?

1953


discuss seperate determination concept

2046


please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.

2306


what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle

2119


i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD

1872


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12456