why the debit balane of p&l a/c shows in asset side of
balancesheet
Answer Posted / mahak
Because all assets contain Debit balances as per the
REAL RULE OF ACCOUNTING:
WAT COMES IN IS DEBIT
WAT GOES OUT IS CREDIT
| Is This Answer Correct ? | 48 Yes | 15 No |
Post New Answer View All Answers
i have need full detail of tds rules and forms submitted dovetails
How exchange rates are maintained in sap
EXPAND_________SEAMEC
How can retify the errors in the trial balance
Expand------ARN
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
Why we reconcile our debtors? what steps we taken during reconciliation.
What will be entry pass in tally if TDS paid by Credit Card.?
Hi friends ineed finacial analyst interview question Pls share it
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
Expand BEMS
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
what are the rules and regulations of junior accountant