Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / moorthy_kani
debit the receiver
credit the giver
its called personal ac
debit what comes in
credit was goes out
its called real ac
debit all expenses and loss
credit all income and gains
its called nominal ac
| Is This Answer Correct ? | 18 Yes | 26 No |
Post New Answer View All Answers
What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?
Tell me do you think accounting standards are mandatory and why?
What is an over accrual?
Which steps in Procurement to Pay process does FI documents get created.
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
Pls let me know Job profile for Account Manager.
IN VAT INVOICES DISCOUNT ALLOWED OR NOT
What is cost accountancy?
What is your role in planning?
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
What is purchase returns accounting
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
what is accounting cycle ?
Explain me your current/former role, your responsibilities, and how success is/was measured?
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
