Interested to Buy Any Domain ? << Click Here >> for more details...
what is meant by debit and credit
- 22 Answers
- 44949 Views
- DELL, i Tech, IBM, Wipro, I also Faced
- E-Mail Answers
Answer Posted / muni krishnan .a
As per Accounting Priciples,
1.Personal a/c :Debit , What comes in
: Credit ,What goes out.
2.Real A/c : Debit ,the Receiver
: credit ,the Giver
3.Nominal A/c : Debit, all Expenses & Losses
: Credet ,all INcomes & Gains
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
Distinguish capital and Revenue receipts
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
what is dividend? how do the use an accountancy?
what is portfolio Saint?
What is outsider equity and time interest period ratio?
what are the uniform public construction cost accounting act procedures?
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
All shot cut key use in the tally software & it's uses
Short Answer on __________Accrued interest
What is COVER payment?
What is the basic difference between pledge, hypothication and mortgage????
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
where we have file E-returns in SAP FICO-CIN/Wtax?
