Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sunil shenoy
Personal a/c- Debit the receiver of benefit, Credit the
giver of benefit.
Real a/c- Debit what comes in, Credit what goes out.
Nominal a/c- Debit all expenses and losses, Credit all
incomes and gains.
| Is This Answer Correct ? | 18 Yes | 0 No |
Post New Answer View All Answers
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
Expand CASA
how Mis reports are used?n why it is used ? explain
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
Short Answer on __________Trade
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
What is meant by Revenue Loss
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
Total numbers of companies listed on stock Exchange?
EXPAND___________NAA
what do u mean by comparative budget?
what are micro-cap, small-cap, mid-cap, large-cap companies?
