Answer Posted / aashutosh bishwas

Real A/c : Whats comes in Debit
Whats goes out Credit
Nominal A/c : Debit All Exp. & Loses
Credit All Profit & Gain
Personal A/c : Debit the receiver
Credit the giver

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

1764


what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

1785


define accounting,scope of account , types of account ?

3087


would gross expenditure vouch the correctness or otherwise of the given expenses?

1593


fridge was capital or revenue?

1797






we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

1572


what is pre post expenses

3961


What is the due date for filing monthly & annual sales tax returns in karanataka

3233


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

1859


Feature of Master letter of credit of Garments manufacturing company?

1460


Purchase book is a ----------journal

1712


Expand-------URM

1506


Clasify Loss

1619


euro currency market

1493


what is the use of special general ledger if the normal trasaction in usage.

1631